Range Bound trading, with more skew towards the down side. However due to the strong rejection doji,
I suppose the trade is warranted if given a good pull back
2 kangaroo tail confirming the rejection of level 7790 area.
Having said that, would like to have an attractive risk reward ratio of 1:2
thus waiting for a good pull back to around 7790 area for entry. Or no Trade.
Comment:
Trade triggered, but yet currently in a consolidation state
