This is an illustrative example of the
concepts being discussed.Markings are just visualizations on historical
data in hindsight analysis
Nifty gaped down below PDL and moved down. Missed the BPB of PDL/BRN as I suspected there will be an attempt to move above BRN being expiry. Price hit RN and stalled. Expected a pull back and went long. trailed and exited when price got rejected from BRN. went short below the swing low and exited at RN 8150. Stayed away after that
Nifty gaped down below PDL and moved down. Missed the BPB of PDL/BRN as I suspected there will be an attempt to move above BRN being expiry. Price hit RN and stalled. Expected a pull back and went long. trailed and exited when price got rejected from BRN. went short below the swing low and exited at RN 8150. Stayed away after that