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As shown in the chart drawing, I am just analyzing the basic structure of the recent candles.
Recently there was a high volatile candle and after that there were 2 attempts, one was to make higher high and higher low and immediately to make lower high and lower low.
But with respect to high volatile candle, all the 3 candles after that were inside candles.
Definition for high volatile candle is the candle which breaks previous day high and low in same session.
There is nothing to predict as such as of now, but caution is needed on index and its present status is completely range bound.
Recently there was a high volatile candle and after that there were 2 attempts, one was to make higher high and higher low and immediately to make lower high and lower low.
But with respect to high volatile candle, all the 3 candles after that were inside candles.
Definition for high volatile candle is the candle which breaks previous day high and low in same session.
There is nothing to predict as such as of now, but caution is needed on index and its present status is completely range bound.
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