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I am very confused after watching these slides. AL mentions that in a trading range we have a 80% chance that BO will fail but it drops to only 50% when in BO mode. I have no clue what this means. If we are in a trading range let's say a parallel trading range how can we know that we are in a break out mode? Let's say we are trending up and then we have a pullback that grows in a trading range (20 or so bars) AL mentions at this point we have a 50% chance we can either go up or down, however if it's a trading range and we are at the top don't we only have a 20% chance that the BO will succeed? I believe there should be a separate video on this 😉