long if it breaks the high of the previous day with a stop loss at the previous day's low. 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.
@Dinesh12323545, It doesn't look like any harmonic pattern. Ratios are not matching -_-
Dinesh_Kryptonian
⋅
@unofficed, but then how come biocon is negative - 41
Amit_Ghosh
⋅
@Dinesh12323545, That is not the point. It is certainly not down because you or I painted some lines over its charts. The point being your pattern is not a harmonic pattern. Fibonacci ratios are not matching.
Dinesh_Kryptonian
⋅
@Amit_Ghosh, okay bro so i need to learn more on this.
Amit_Ghosh
⋅
@Dinesh12323545, Hunt the PDFs of Harmonic Trading Book by Scott M. Carney. There will be two books. Part II is bs. Part I covers most.