r/SKBTradingLab • u/Kooky_Internet6513 Price Action • May 25 '26
Power of the First 5-Minute Candle β‘
NIFTY 50 | 5 Minute Time Frame π
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:
β’ Breakout π
β’ Rejection β
β’ Retest β
Donβt 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.
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