1) Mild Gap up and soon breached BRN firmly, only to retrace
at the same speed. Still the hangover of
the Budget was very much there and the candles were very big, making one
nervous on where to keep SL.
2) Shorted BPB PDC. Within a few minutes exited, as the
trigger candle was a pin bar, which was fully retraced in no time. Not a bad
decision. -7.5
points.
3) BOF of BRN PDL confluence was a pretty strong signal.
It was a 2 legged BOF. Entered Long above the flip zone. Got 23
points.
4) Same signal was seen again. But there was a strong opposite candle, as the price touched
BRN, which indicated the presence of strong opposing orders. Hence didn’t take
that signal.
No more trades for the day.
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