1) Price moved around PDL in the first few minutes. Strong rejection at PDC, the flip zone was the first indication that price may go below PDL/IRL. Shorted below the low of first candle as BPB of PDL/IRL. Started focusing on flip zone without tails for keeping initial and trailing SL. Moved the SL to PB low/high only after a new flip zone is formed. This seems to be a much better method of trailing.Exited with 7 points.
2) BOF of PDC/RH: First candle after BO candle confirmed good rejection, but there was no follow up selling resulting in lack of momentum. Hence didn't take this trade. Surprised to see a sudden fall. It flattered only to deceive.
2) Went Long at BO of PDC/RN confluence, TRAP and long period of consolidation being the attraction.Exited with 10 points.
7560 - 7580 seems to be a very good resistance. Can expect a good move up, if this level gets breached.
No other trades for the day
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