1) Opened below PDC. 2nd candle indicated the failed attempt for BO of PDC. 3 more attempts to break IRH failed. IRL was broken. Kept a BPB order here. Cancelled it as the momentum was not there.
2) Accumulated orders broke RH. Due to lack of subsequent buying, price fell back inside the Range, resulting in BOF. The location is a semi DP. Space after a clear swing low(for entry), the pre-requisite for an entry here, was not there, skipped this signal.
3) By now, it was evident that price is moving in a channel. Hence, the BOF of RL could not take price up.
4) Price broke out of channel and BRN. BPB of BRN was a good signal. But the time is already 3.00 PM. So can't take this signal too.
NO TRADES FOR THE DAY.
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