This is called as opening range strategy taught for lakhs. Observe the high and low of the first 15 minutes candles. Buy the at the BO of that candle or sell at the breakdown with trailing SL using 5 period MA. Switch over to a 5min chart once bought.
Tata Elxsi
More from The_Chartist 📈
May please read the attached tweet once again for a key LEARNING
USDINR - a breakout that will not bode well for the equities
78+ https://t.co/AWqZxF5B1L
USDINR - a breakout that will not bode well for the equities
78+ https://t.co/AWqZxF5B1L
Can you anticipate a breakout? Yes
— The_Chartist \U0001f4c8 (@charts_zone) June 10, 2022
the attached tweet.
now the chart is for USDINR https://t.co/Vb2wKaCvTB pic.twitter.com/INo0GC4fGY