When trading from ranging structures, the most profitable signals will form at the range structure boundaries.
is a very nicely structured ranging market, very clean bounces from top to bottom. Some very nice price action reversal signals did form at the range boundaries that kicked off strong reversals.
I know I am going to get asked about this: Yes! that is a rejection candle on top of the range, even though it doesn’t have any upper tail. You’ve got to factor in the market open ‘gap up’ which was rejected by the market.
to learn how to trade the market the right , i highly recommend purchase your copy of the ebook the candlestick trading bible.it is 168 pgaes, and it covers all trading strategies and tactics that you need to trade the market.
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