Day started with a drive above PDH which opened space for further upmove. Post 11am, momentum was missing. Tried a short trend trade with expectation of a profit booking but did not happen.
- Long Trend trade – PDH CPB entry.
- Short scalp trade – Counter trend CPB entry.
- Short trend trade – No profit no loss. Price was rejected at intraday high ( IDH). Expections of a profit booking move which did not happen.