IRH also PDH.. above PDH i look for long entries, as BPB of PDH. Today price broke, but PB not reached to PDH.. also swing high is 20 points away.. so i stayed back and waited for range formation and BOF signal of RL.. placed order but order not trieggered in my favour.. price comtinues downward journey.
Is it a valid direct BO trade opportunity, just before 10'o clock,when IRH was broken? I thought i missed that..
ReplyDeleteRPKN,
DeleteIRH also PDH.. above PDH i look for long entries, as BPB of PDH. Today price broke, but PB not reached to PDH.. also swing high is 20 points away.. so i stayed back and waited for range formation and BOF signal of RL.. placed order but order not trieggered in my favour.. price comtinues downward journey.
Thank you very much for the detailed answer.
DeleteWhere did u expected RL and placed the order? Is it again near PDH?
Yes, i placed order above swing high made after BOF signal.. not triggered though
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