Market
Commentary
10:00 AM: Price broke PDH after one hour of
consolidation around it. Let’s see if it sustains
10:21 AM: Not convinced with taking long in
this slow-paced movements. will wait for PA at PDH
10:44 AM: Drawn rectangle for range 9678-70
11:52 AM: Day turning out trending day,
small ranges forming respecting to lower range highs.
Don’t think I get an opportunity to trade,
unless price reverse towards PDH
12:45 PM: Drawn rectangle for range
9682-9697. Let’s see if BOF of RL opportunity comes
13:21 PM: Thought of attempting BOF of RL,
but seeing price sustained below RL for more than 10 minutes, better to stay away.
will wait for PA at PDH. Removed rectangles/ranges, as these are no more
relevant now as price traversed back and forth.
14:55 PM: Done for today
Points earned: 0
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