Cases when You should avoid Entropy Trades

See

https://www.tradingview.com/x/ggzK4jcT/

Although Godrej Prop has triggered that has triggered as per the mechanical methods of Bollinger Band.

Now it can obviously fall. We always have our 50% chance of being right.

But this is a case I will avoid as “I think” it is a continuation of the uptrend.

This is a short timeframe analysis and if we see the higher timeframe -

The short triggers on the dotted line break. https://www.tradingview.com/x/qatQQaB0/

It took mini support on the solid line.

In Short - I will avoid it!