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I have a feeling of upside breakout today. Getting away with my maximum stop in this 2nd trade...if it got stop maximum daily loss will also be achieved. Dont know when breakout will happen.
There are definitely points need to give some assessment ,
1) Why i had a feeling of upside breakout, even seeing some local bearishness on chart.
2) This expected breakout was not sought from local balance/range.
3) Why 5297 was chosen as stop for 2nd long.
Though i dont see it...but after first long stop out , i curiously watched what is happening in this local range. Today it looked like perfect , but not often. I continued to discard this along with some other bearish signs.
....some of B, C and D are heavily negative....last continuation is netting positive. 