Bar 7 - Two legged pullback in a bull move, opening reversal up from moving average second entry buy, but big outside up bar at top of 6
bar tight trading range, limit order market, sellers scaling in above, buyers below, both scalping.
Bar 7 - Two legged pullback in a bull move, opening reversal up from moving average second entry buy, but big outside up bar at top of 6
bar tight trading range, limit order market, sellers scaling in above, buyers below, both scalping.
Not exact matches
Bar 13 - Double bottom higher low, close on high, still always in long from 8, ok swing buy or long, but
tight trading range so limit order market, sellers scaling in above, buyers below, both scalping and low probability for stop entries
Price was in a
tight trading range with narrow
bars and several false break - outs.
Narrow
range bars are characteristic of
tight trading ranges which are not conducive for
trading.
However, an inside
bar is a contraction in
range and may lead to a
tight trading range where price action becomes rather unpredictable.