The AFL for having the 36EMA of 5min and 15min is courtesy of Happy ji whom also i cannot thank enough. Miss him a lot in this thread. We atleast got Masterjee back after a really long time.
Now let us discuss why this chart was tradeable. For close to 3 days the price was not doing much. The volatilty had reduced to such an extent that all 3 36EMA's (of 1min/5min/15min) had converged to a very narrow band. That was the time to initiate the trade as the iron was hot. It could have been any trade, either long or short as per the charts but the trade was on.