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If short in Bear channel,
Is credible exit @ green arrow/green box?
(Good buying pressure/trend line break/late in trend/maybe TR soon)
Is credible exit @ green arrow/green box?
Yes.
(Good buying pressure/
Buying pressure not strong: only 5 bars up and the following test down equally strong so low probability for reversal but...
/trend line break/late in trend/
... can enter a TR and Ok to take profit at the lows.
maybe TR soon)
Correct!
AKA DB