BANKNIFTY parabola on 15m chart (study purpose only)

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BANKNIFTY parabola on 15m chart.

Looking forward to short after parabolic support is broken (27170)

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ملاحظة

It seems that BANKNIFTY after the breaking the parabolic support has now started forming an ascending triangle. We can look forward to go short on the failure of ascending triangle pattern. Or long after the ascending triangle breakout.

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ملاحظة

In support of this setup:

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ملاحظة

After the Parabolic support broke Banknifty made a sideways movement and then fell by 1000+ points!

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ملاحظة

A classic charting pattern which worked perfectly well! An memorable example of parabola after Bitcoin