I'm a big fan of this set up. The lack of effort leading up to the breakout and 3 thin real bodies showing not much supply coming to this market. A retest of breakout on the 2nd day has given a chance to enter if the breakout was missed.
Potential target could be 11846. We also note the large unfilled gap.
Stop - 8864 or a tighter one just below the breakout candle.
Potential target could be 11846. We also note the large unfilled gap.
Stop - 8864 or a tighter one just below the breakout candle.