Has been rising the past 9 days, with the a green candle which never broke the previous day's low. Formed a red candle as of latest
Short if it breaks the low of the previous day with a stop loss at the previous day's high. Update TSL to cost, if you want to be extremely conservative
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.
PDL - 515.5
SL - 525
Short if it breaks the low of the previous day with a stop loss at the previous day's high. Update TSL to cost, if you want to be extremely conservative
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.
PDL - 515.5
SL - 525