MFSL: Equally Poised in either directional movememt
The
MFSL
is showing the previous High High (point #3 in chart) or Higher Low (point #4 in the chart) as the range bounded movement.
Potentially the move can happen in any direction.
But quite likely it will be in upside only as the volume buildup is positive and increasing.
Trade: Both sides (green color price tags for Long, red color price tags for short)
BUY above 712, SL: 705, T: 715/718
SELL below 697, SL: 702, T: 692/689
MFSL
is showing the previous High High (point #3 in chart) or Higher Low (point #4 in the chart) as the range bounded movement. Potentially the move can happen in any direction.
But quite likely it will be in upside only as the volume buildup is positive and increasing.
Trade: Both sides (green color price tags for Long, red color price tags for short)
BUY above 712, SL: 705, T: 715/718
SELL below 697, SL: 702, T: 692/689