BANK NIFTY closer to previous resistance

• Bank nifty is trading closer to its previous resistance in weekly chart which may give support for this index. But problem here is the weekly chart or the daily chart is not showing any signs of reversal sight.
• Price continues to trade below 5 day low ema. Candlestick patterns too are bearish at the moment.
• Weekly chart shows a bearish triangle breakdown. Targets for this one is much lower if it plays out according to the rules. 
• So wait for a daily Bullish reversal candlestick or close above 5 day high ema signs to confirm a reversal to go long. 
• Those who are short should have trailing stop loss because of the oversold reading in daily chart.