Continuation, Opening Range, 1fBO, DB, bull CH, CXT, bear MC, 1CHBO, SHS, fH2
small trading range day
the 2BR at the shallowest bull TL from Y didn’t trigger, so, the two OL trend bars became the opening range (OR)
but the DB below did and made it also a fBO of the OR
then bull CH up (see OL with the SB at LOD) and CXT (CH expanding triangle) in that bull CH
daily chart
Always In Long (AIL) since 03/29
Inside bar and stop entry short for the bears in the expanding triangle
aggressive bulls buy lmt C as a breakout pullback
There were three of our Price Action Indicators showing a possible turning point at the LOD support.
- 1tF prior bar (on the bar before the LOD) – Signal Bar – Breakout Failure Tick
- 17 tF of the prior SL Support and Resistance – Breakout Failure Tick
- increasing OL – Buy Sell Pressure indicator