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Hello everyone, first time poster here. I've been practicing Al's Daily Setups and am unsure why buying above bar 9 on 8/25/22 is not a reasonable buy at least for a scalp according to Al's marked up version. Bar 9 has a very strong bull body closing on its high, and is a bounce from the 20 EMA support. Could anyone please help me to understand? Thanks!
Third push up in a developing wedge that completed on bar 10.
Market showing TR behavior, so BLSHS. Bar 9 buy near TR top.