Many traders avoid trading when the market trades sideways (rangebound). And that’s because it’s hard to find good trading opportunities in such conditions.
But in reality, rangebound trends present excellent trading opportunities for those who know how to deal with them. And to become a consistently profitable trader, one should have a perfect method to trade the rangebound trends.
So, let’s have a look at today’s Nifty Intraday 05-minute chart, which was first trading sideways. And then it offered an excellent short-trade opportunity.
Today, the Nifty opened with a huge gap-down and started trading sideways (rangebound). And that was the perfect opportunity to use that sideways structure to find the breakout trade for the day.
And the same happened. That sideways structure (which happened) after the market opening (see green oval) gave a solid signal for the sell trade around 12:00 pm (see black oval). From the sell signal point, the market fell 100 points.
So, that’s how one can easily find and trade the sideways trends that offer excellent trading opportunities. Well, the same technique works for swing trading as well.
Luckily, you can now access this unique trading technique, which I call the ‘Rangebound trends’ method. You will learn a totally unusual way to locate and then use that rangebound structure of the markets that most Gann traders don’t know.
So, don’t miss the opportunity to learn this simple and highly powerful trading concept of rangebound structures. You can mail me here to know more about the course.
