BANKNIFTY parabola on 15m chart (study purpose only)

23. Jan. 2018

BANKNIFTY parabola on 15m chart.

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

25. Jan. 2018

Anmerkung

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.

30. Jan. 2018

Anmerkung

In support of this setup:

2. Feb. 2018

Anmerkung

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

7. Feb. 2018

Anmerkung

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