Long if it breaks the high of the previous week with a stop loss at the previous week's low.
Short if it breaks the low of the previous week with a stop loss at the previous week's high.
In case of gap up above the previous week's high or gap down below the previous week's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Short if it breaks the low of the previous week with a stop loss at the previous week's high.
In case of gap up above the previous week's high or gap down below the previous week's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.