PAT is all abt going deep into each and every bar. A bit of understanding abt why a particular bar is trying to do what its doing would take trader to better conviction in his/her own method
an old analysis posted here
@PAVLeader @sanstocktrader @Neha_trade
price when comes into the exhaustion gap would meet with strong shorters. we cant , say for sure that who will come out winning. So the rationale of buying low gives a tight SL with a good space abv for the price to go up with out resistance
when price reaches the resistance zone, a lot of pending short orders gives a perfect exit to us with out even a trace of slippage
NB: it was posted 2 days bakck. bt deleted that tweet sicen the thread sequence numbering was stamped in the tweet; comments went scrambled everywhere.
rising window (cited in the chart) is technically incorrect as the gap was closed by the end of that bar.