Gap - Inside down . Initial Movement – down
1)Narrow IR was formed.
Above IRH, 3 DPs namely, RN,PDC and PDH were closely located. Avoided
long above PDH, as it was a very strong Resistance.
2) Missed first BOF of PDH,
as entry could be made only after RN.
3) Took the second BOF of PDH short below consolidation low.
As with most of consolidation BOF, no swing low was available for entry. Anticipated this and placed the order without waiting for swing low. Got 21 points.
4) Took FTC Short trade at IRL, the flip zone. Got 6 points.
No more trades for the day.
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