Every Institution has an edge around its price levels, which means they can dominate the trend from that level.
We can clearly notice how buyers are getting weak around the selling zone making exhaustion candles and sellers getting weak around buying zone doing the same.
Usually, in range trading, we trade the breakout of the range in whichever direction the stock moves. But here we can also trade the range as the buyers have entered the stock.
We can place a target of 2% with an SL of 1% making it 1:2 RR Trade.
We can clearly notice how buyers are getting weak around the selling zone making exhaustion candles and sellers getting weak around buying zone doing the same.
Usually, in range trading, we trade the breakout of the range in whichever direction the stock moves. But here we can also trade the range as the buyers have entered the stock.
We can place a target of 2% with an SL of 1% making it 1:2 RR Trade.
