Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
No way I am longing this bad company even if it does a breakout. It should tank but we shall enter on confirmation of price action only. Or, We skip this.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
No way I am longing this bad company even if it does a breakout. It should tank but we shall enter on confirmation of price action only. Or, We skip this.
Comment:
So, no trigger today = Tomorrow's sort of confirmed trade.
Trade closed: target reached
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