Nifty gaped down 50 points and started moving up. Bias was bearish. I was looking for an area to short. No Decision Points nearby. Nifty formed an initial range and tested the IRH at area marked "A". Do not try to trade counter trend on a TST. Wait till you get a message from the Scouting Party
BOF of IR High gave a good short opportunity.I thought it will reverse from LOL of IR Low and yesterdays breakout point MSP. But nifty fooled me and went down to BRN-PDL. BOF of BRN gave a long signal which moved well.
Did not attempt BOF of HOD as I noticed the Spike and Channel Pattern early. Read more on SAC