◽ Resistance is at 18000-18050 -with SL of 18000 - 18120 we can see as the target after breakout
◽ If gap down / flat open happens then Support level is at 17820-17800 -with the SL of 17880 - 17700 we can see as target after breakdown ◽If gap up opened then support level will be 17900 - we can see target of 17800 with SL of 17950
🛑 Rules to follow * avoid trade if market opens above/ below our levels - in other words , avoid if market opens at or above our resistance zone (Huge GAP up) - Avoid if market opens at or below our support zone (Huge GAP down) (reason behind avoiding trade because market don't like gaps it will try to fill the gaps )
*if huge gap UP or DOWN happens then we have to just wait for price action and until fill the gap then we can take trade
*initiate the trade by using 5mins time frame chart , -if breakout happens and 5min candle closed above mentioned level then initiate trade - if breakdown happens and 5min candle closed below mentioned level then initiate trade (so point is candle must as close above / below our mentioned levels then initiate trade , while operating SL also same candle as to close below the levels)
* After initiating the trade we must have to wait until it will hit either TARGET or STOP LOSS
*initiate trade after immediate breakout / breakdown(possibility making profit is higher) ◽or one can initiate after retesting the level (possibility making profit is lower)
◽i hope that it will help a lot do like , follow for daily updates