Bank Nifty Price Action Setups 13 October 2020

Here are Bank Nifty Price Action Setups appeared in 13th October 2020

1. Strong Bullish iio candle near PDL. The first candle of the day has a long tail and closed above 50% of the candle. So the bulls are strong. Long for both swing and scalp.
2. Bear inside the candle. Two leg move to a swing high of yesterday in a trending trading range. Scalp short.
3. A second pullback to EMA. Micro trend line overshoot. EMA gap candle 1 after a bullish move. Long Scalp.
4. Strong bear candle. Reversed last 2 bull candles. Double top pullback. This might break a triangle pattern. Short.
5. Small inside candle. Breakout pullback short from triangle pattern.
6. Bear inside candle. First pullback to EMA and test of a small trend line. Short.
7. Second pullback to EMA in a bear move. Short.
8. Pin Candle. Reversing a trading range after a two-legged move. Long.
9. Micro trend line failed breakout Short. The market is clearly moving in a tight range. In a range failed breakouts works best for Scalp.