Posting chart of banknifty again depicting intersection at bar next to bar 9, marked by 'I', the high of which overlaps with low of 3 bar earlier i.e. bar 7.
Buy countdown can start after intersection.
1.Its a completed buy setup.
2. Low of bar 8 or (and) 9 is lower than 6 and 7--so setup is perfect.
3. Intersection occurred so countdown can start.
Countdown bar is yet to appear.
Buy countdown can start after intersection.
1.Its a completed buy setup.
2. Low of bar 8 or (and) 9 is lower than 6 and 7--so setup is perfect.
3. Intersection occurred so countdown can start.
Countdown bar is yet to appear.