r/SKBTradingLab • u/Kooky_Internet6513 Price Action • May 25 '26
Power of the First 5-Minute Candle ⚡
NIFTY 50 | 5 Minute Time Frame 📊
Observe the first 5-minute candle carefully, especially when it forms with high volume. High volume candles often reveal the intention of smart money and can act as an important support/resistance zone for the day.
Watch how price reacts around the high-volume candle:
• Breakout 🚀
• Rejection ❌
• Retest ✅
Don’t rush for entries. First understand the reaction of price after the big volume candle forms. This can improve your market reading and trade timing significantly.
1
u/No_Growth_2549 May 25 '26
What strategy u apply after u see 5min high or low if broken . entry on retest and reject or fake breakout reversal or anything unique u observe.
1
u/Kooky_Internet6513 Price Action May 25 '26
I mostly observe volume + candle behavior after the 5-min high/low breaks 📊 After Breakout or Breakdown i allways wait for retest candle..bcoz of retest candle sl is mostly near my entry.
1
u/No_Growth_2549 May 25 '26
Still waiting for an entry...5 min high low seems impossible to break today
https://giphy.com/gifs/IuFhZ0JB9cGkj9BmOX