Bull gap, above HOY, TA, XT, DT, FF, fBO, fL1, fL2
Always In Long (AIL) since 08/29
decent bear Signal Bar at the high of the August tight trading range
failed breakout of the high of last week, if price goes below the bar
also a test of the Trend Line from the ATH
Bull gap, above HOY, Opening Range, 1fBO, fBO, fH2, FF, 1W, bull MC, 1CHBO, DB
small TR day
The Buy Sell Pressure indicator showed a lot of buying pressure on the PB in that strong MC (1CHBO).
Always In Long (AIL) since today
Okay Entry Bar, probably going up to at least the high of last week
Continuation, WfBO LOY, LL MTR, bull MC, 1P, XT, fBO , BT
nice bull trend day, don’t short, buy the 1st trend break
check out, how the the 3BR at LOD looks to a 15min chart trader (further left)
nice risk based MMs from the 3BR at LOD and the 1P
both were hit to the tick
The Buy Sell Pressure indicator showed a lot of buying pressure (decreasing bottom tails and decreasing overlap) during the strong bull micro channel from the LOD. There was also some buying pressure late yesterday.
Always In Short (AIS) since 08/23
Buyers below the bull inside bar and another test of the close of that large bear trend bar from last week
looks like a couple more bears took profits near the low of the trading range
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Inside bars (by definition) are completely overlapped by the prior bar and must be considered to be a small trading range. This usually makes them poor Signal Bars, unless they occur with trend or meet a couple more criteria. Continue reading “Inside Bars”