We have been seeing single sided Bull up movement in lot of stocks , Especially in Bank nifty futures. Single sided movements are a kind of breakouts. But how do we know that today intraday trading is going to be a Breakout day or not. One way to filter Breakout day is to understand how prices behave at yesterday high or low. We start with extending yesterday high low range into the current day and as long as prices are contained within the previous day range the chances of a profitable upmove is very rare.

Look at the example above, You could see today prices was well within yesterdays range and it did not favour a breakout trade. 

to know how to spot a intraday range breakout i have made a youtube video explaining the same. 

you can check the below mentioned link of the same

https://www.youtube.com/watch?v=xNs2_nWg-64&t=9s

To read more articles on price action you can click the below mentioned link 

http://www.technicaltrader615.com/price-action/technical-chart-analysis

I Teach one to One Advanced Price action course , if you are interested call /watsapp at 7373339777

Happy learning and Trading !!!

Cheers !!!