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Índice Nifty 50
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Counter Attack Candlestick Pattern Nifty

Por AmitGoel217
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Nifty has formed a rare Counter Attack candlestick pattern. If found after a rally in price, it's a bearish reversal pattern. The way to trade this would be to wait for confirmation that prices indeed want to fall and then enter the trade keeping the pivot high as SL.

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in.tradingview.com/chart/whUiROtc/
Nota
No confirmation of prices wanting to fall. View will be cancelled if the recent top is taken out on closing basis.
Nota
View first got negated and then eventually played out. Classic whipsaw.
Ordem cancelada
Chart PatternsTechnical IndicatorsNIFTY
AmitGoel217
Index Options Trader. Nifty. Bank Nifty.
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