Intraday: A Choppy mkt with too many levels. Left the BOF of PDC as no space. Left the BPB short at PDL as there were too many levels from last few days for space. Thought it to be a slow move. Was thinking to go long on Big Red candle break but a Pivot formed in between.
1) Long on BOF of PDL. Thought it will move well. SL hit at red line marked. It was like a channel forming & BRN was above but took it assuming it will break these DPs as the major Trend is Up.
2) Again a Long on BOF of IRL at close above PDL ensuring no rejection (although same happened in last trade also, but this was 3rd Rejection from same zone). Closed in the end.
1) Long on BOF of PDL. Thought it will move well. SL hit at red line marked. It was like a channel forming & BRN was above but took it assuming it will break these DPs as the major Trend is Up.
2) Again a Long on BOF of IRL at close above PDL ensuring no rejection (although same happened in last trade also, but this was 3rd Rejection from same zone). Closed in the end.
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