RBK Bank 15 M Range Breakout
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RBLBANK Rang Bound : 15 Min time Frame
A range-bound market is where a financial asset like a commodity, stock, or a currency pair remains in a relatively tight range. Here you can observe the range.
Bookish knowledge: Generally it goes to wards current trend.
Reality: It will go towards either side after range breakout or breakdown
Ideal entry : above 264
target: 270-274
Reverse is true in case of breakdown.
Note: Trader should not enter inside the range.
Stop loss should not be more than 2% as it will give you room to reenter at same level in future.
Nota
Target 1 Hit at 270 Made high of 272Nota
Target hit at 274
Falgun Prajapati
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