RBK Bank 15 M Range Breakout

Updated

Rang Bound : 15 Min time Frame

A range-bound market is where a financial asset like a commodity, stock, or a currency pair remains in a relatively tight range. Here you can observe the range.

Bookish knowledge: Generally it goes to wards current trend.

Reality: It will go towards either side after range breakout or breakdown

Ideal entry : above 264

target: 270-274

Reverse is true in case of breakdown.

Note: Trader should not enter inside the range.

Stop loss should not be more than 2% as it will give you room to reenter at same level in future.

Note

Target 1 Hit at 270 Made high of 272

Note

Target hit at 274

FALGUN_ARMY

Falgun Prajapati

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.