Hello Raghav,
Thanks much for your time and effort. I think I am getting clear picture. The followings are my observations. Please correct me if I am wrong
1. If retest is not successful then we consider that difference as a gap (here A to D) and add our positions without doubt.
2. If retest is successful then we look at the price action and oscillator to confirm the trend. Am i correct?
3. Will Gap concept work for 5 Minutes charts too?
Thanks
Bala
Thanks much for your time and effort. I think I am getting clear picture. The followings are my observations. Please correct me if I am wrong
1. If retest is not successful then we consider that difference as a gap (here A to D) and add our positions without doubt.
2. If retest is successful then we look at the price action and oscillator to confirm the trend. Am i correct?
3. Will Gap concept work for 5 Minutes charts too?
Thanks
Bala
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