Sir Please see the video again more carefully.
He has said consolidation above/below decision points.
Nifty was consolidating in the range of 7990(to be more precise 7983) to 7970.
So below this 7950 was decision point and above were 7988 and 8009.2.
In his video He has mentioned you have to enter on breakout from range and after your stop loss might have been near 7975.
Price made 2 attempts to break 7950 and failed which was warning for you to exit your short, still you waited for your stop loss to hit.
Now when your stop loss was hit, either you should have entered long or at least when it broke 7988 (Decision Point) as the same logic applies of entry on breakout from range and then wait to see whether it breaks decision point of 8009.2 which it did and you could also have captured the move.
Thanks
He has said consolidation above/below decision points.
Nifty was consolidating in the range of 7990(to be more precise 7983) to 7970.
So below this 7950 was decision point and above were 7988 and 8009.2.
In his video He has mentioned you have to enter on breakout from range and after your stop loss might have been near 7975.
Price made 2 attempts to break 7950 and failed which was warning for you to exit your short, still you waited for your stop loss to hit.
Now when your stop loss was hit, either you should have entered long or at least when it broke 7988 (Decision Point) as the same logic applies of entry on breakout from range and then wait to see whether it breaks decision point of 8009.2 which it did and you could also have captured the move.
Thanks
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