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can someone explain this to me, on page 193 in Trading Price Action Trends it says "since the final six bars of yesterday were bull trend bars only a second-entry short could be considered,..." wouldnt you be looking to go long on a potential breakout? or are you looking to go short at the top of an expanding triangle? a second entry long wouldve worked in hindsight, tia
i think that considering the Resistance Line, Buyers will Take Profit
May well be a bull leg in a larger TR if you consider all bars to the left. Second entry shorts always higher probability at top of potential range.
