Banknifty HS Short Pattern Observed

Hello everyone, I have identified a short pattern in Banknifty, which can be seen in the chart above. Banknifty has broken down from a head and shoulders pattern, as well as breaking through a channel. I want to make it clear that I do not recommend taking this trade as it is very high risk. Instead, please view it as an educational trade. I have personally shorted Banknifty at 39450 with a stop loss at 39814, and our potential target is a maximum of 38600 with a partial target of 38960.

I want to emphasize that due to the high risk involved, I strongly advise against taking this trade. However, if you do decide to trade, please only trade with 1/3 of the risk you would take in a normal trade. Please note that I am not a financial advisor, and all trades should be made at your own risk.

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Komen:

any question ask me in comment section??

Komen:

exited in slight profit now as there are chances of gap up on monday

Komen:

we create this position on higher level or a possible retest .

Dagangan ditutup secara manual:

trade closed for now manuaaly in slight profit