Rising wedge in Bank Nifty!
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Am I the only one who sees the bearish sign in banknifty? Price action if forming a rising wedge pattern in banknifty. Rising wedge is a bearish pattern. It starts with widening bottom and as price moves higher the range narrows. But we dont have the confirmation for trend reversal yet.
Nota
Move sideways, then fall. Will it be the plan of bank nifty?Nota
No, no, dont think price is going up!Nota
Is it falling?Nota
Extend the trend line and see how far banknifty is falling!
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