1. Daily charts. 2. Hourly / 60 min charts. 3. 15 min charts.
1. Daily - Looks like we are at a support in Bank Nifty but the attempt to go up was very weak. Expecting Bank Nifty to go up from here just as a pullback.
Structure:
If it goes sideways and then makes a HH and HL formation and tries to go up we will play bullish, I will update that in case it happens.
Pattern:
We have also formed an inside candle in daily charts. We can align our trades towards wherever the break happens.
• How to find targets and exit criteria?
• Shanon's Demon (Investing)
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Other cool tweets as well.
🧵Shannon's Demon - an investing "thought exercise"
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