Reason for long
a) Possibility of triangle breakout
b) Closing above 15 min high above 207 is only long otherwise skip the trade
c) 206 is the sellers zone, if day closing above 207 to 210 is long
d) Possibility of channel support
e) SL compulsory
f) Position sizing: Not more than 0.5% of total capital
g) Holding duration: not more than 20 days
a) Possibility of triangle breakout
b) Closing above 15 min high above 207 is only long otherwise skip the trade
c) 206 is the sellers zone, if day closing above 207 to 210 is long
d) Possibility of channel support
e) SL compulsory
f) Position sizing: Not more than 0.5% of total capital
g) Holding duration: not more than 20 days