Opened
inside PDR. First candle showed strong
support just below RN. Going Long was not an option, as IRH(RN SPOT), PDC and
PDH were located at close distance from each other. Waited for PB after BO of
PDH to initiate Touch Trade. But price settled into a grinding consolidation.
As PDC and PDH were very closely located, should have ignored PDC and entered
on BO of IRH.
Didn’t take
the BO of consolidation range. Towards the end of the day, BOF of RH was
noticed. Placed a Sell order, but this did not trigger till 3.03 PM. So no
trades for the day.
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