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(Slides from Bonus Video 2 and April 11 2023 markups)
Why are these are not recommended Opening Reversal entries ?
* Buy above bar 8
* Buy above bar 11 or 12
Al's markup on the E slide shows entries related to his "failed Breakout below Wedge". He does not need to add every single possible entry as that could be on most bars for the day fro very experienced traders.
B8 late (B7 High 2 better) and B12 failed breakout followed weak double bottom (B11 worked for scalp). All of these followed several doji trading range bars on the way down, so low probability. No surprise they failed - and B16 stronger given wedge and test of previous day's trading range.
Just my 2 cents. 🙂