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RBK Bank 15 M Range Breakout

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Rang Bound : 15 Min time Frame

A range-bound market is where a financial asset like a commodity, stock, or a currency pair remains in a relatively tight range. Here you can observe the range.

Bookish knowledge: Generally it goes to wards current trend.

Reality: It will go towards either side after range breakout or breakdown

Ideal entry : above 264

target: 270-274

Reverse is true in case of breakdown.

Note: Trader should not enter inside the range.

Stop loss should not be more than 2% as it will give you room to reenter at same level in future.

Nota
Target 1 Hit at 270 Made high of 272
Nota
Target hit at 274
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