Trade Setup For 07/08/2023

NIFTY is forming a INVERTED HEAD AND SHOULDER Pattern near Demand Zone For Mondays Trade Setup. Altough NIFTY is perfectly following the Bearish Downtrend from 20/07/2023 till date and a Buying Position is getting ready to be Exacuted on Monday because of INVERTED HEAD AND SHOULDER Pattern formation near Demand Zone but still without retest trade can't be exacuted. Wait for the retest and then enter the trade.