1. Watch on lower TF like 5min or 15min
2. If candle with a significant price range and volume does the breakout
3. Wait for the candle to close and take the trade on close of the candle. Remember trade only if point 2 is satisfied.
4. Stop-loss can be trailed further as the trade progress as per view
Please do your own analysis before taking the trade.
2. If candle with a significant price range and volume does the breakout
3. Wait for the candle to close and take the trade on close of the candle. Remember trade only if point 2 is satisfied.
4. Stop-loss can be trailed further as the trade progress as per view
Please do your own analysis before taking the trade.