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AbhishekDoreswamyGowda

BANKNIFTY, Harmonic Pattern (2nd March 2022)

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Nifty Bank Index (NSE:BANKNIFTY)  
AbhishekDoreswamyGowda  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Harmonic Patterns Chart Patterns BANKNIFTY
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trendanalysis harmonicpatterns chartpattern banknifty
How to Trade Simple Harmonic Pattern (Bullish) ?

After a Bullish Impulsive move, first the price will retrace to 61% Fibonacci levels.
Then it'll be rejected from 23% FIB levels to take support on 78% FIB levels.
Then there'll be a small bullish impulse.
Here, we can take entry after retest.

For Better Understanding, Please do check on smaller TimeFrames (1Min/3Min)
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