if breakout occur at 504.51 it may go for gap filling which occurred before ie.,from504.51-473.9
once the box breakout occur we may go for short sell or buy depends on tomorrow market,mostly market will fall down
As strong pattern is formed once the support line is broken down go for short sell
Once the support line is breaken down,support is converted as resistance and we may go for shortsell as they will be strong patter breakdown. Depending on tomorrow market movement take the decision.
As there is breakout of the pattern its time for short sell,i just takes decision once the market is started. As once the market starts moveing downward we may opt for short sell till it reaches support line.
as the trend is following box breakout rule and trend breakout,we can use the two rules further if the trend follows the same pattern. As i am new to this concepts please help to improve my observation further.