Nifty opened near PDC and sold. BOF of PDL-RN gave a long signal. Went long above PDC. TP around BRN 6300NS area. Did not take FTC as BRN was near. Nifty was channeling down. A TRAP pattern did not trigger. Nifty made an upward channel move. Another TRAP pattern triggered a long. Entered above the swing high . I expected enough orders to break HOD. But there was no follow up buying. Made 10 point on it.
woah. all comments vanished somehow
ReplyDeleteW.r.t. 1st TRAP pattern which did not trigger. Which bar and what price did you place your SL order?
ReplyDeleteThx,
DM
DM
ReplyDeleteI placed a sell order below LOD and it did not trigger. So no trades.After entry if BO of LOD fails, I will exit
ST