Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
If short triggers looks like it will fall, as its near multiyear support, if shorting update TSL to cost, to avoid getting trapped in false break.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
PDH 315.1
PDL 310.5
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
If short triggers looks like it will fall, as its near multiyear support, if shorting update TSL to cost, to avoid getting trapped in false break.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
PDH 315.1
PDL 310.5