- MOVING IN A NARROW RANGE - FORMED AN INSIDE-BAR PATTERN
INDICATORS RSI IS BELOW 50-LEVEL AND IS BEARISH TT2 TREND IS BEARISH CVD IS NEGATIVE
AS PER INSIDE BAR RULES: 1. BUY ABOVE 648 TSL 632 TGTS 657/669.50
2. SELL BELOW 632 TSL 648 TGTS 623/612
KEEP AN EYE!!
NOTE - BREAKOUT HAS TO HAPPEN WITH MORE THAN AVERAGE VOLUME AND THE FOLLOWUP CANDLE MUST SHOW CONVICTION!! ***Always keep "buffer" with target and SL level ***in case of GAP opening, the given levels become invalid. ***this is my personal view. Please take advice from your financial advisor before investing.