Some potential entries to consider / think about
Look at the images below. All marks arrow, rectangles and triangles are potential entries
- Arrows: Valid entries based on my preferred rules (Close below or above outer band and reverse)
- Triangle: Exceptions: Gap below or above and reverse (They look to be valid but for me gaps represent sudden uncertainty and value changes or manipulations). Therefore i prefer to avoid. But the image above show they could be valid opportunities
- Rectangle: Exception: Price just touched outer band and reversed. Looks like a valid trade. It's a price rejection.
Should we take those trades i consider as exceptions?
Look at the images below. All marks arrow, rectangles and triangles are potential entries
- Arrows: Valid entries based on my preferred rules (Close below or above outer band and reverse)
- Triangle: Exceptions: Gap below or above and reverse (They look to be valid but for me gaps represent sudden uncertainty and value changes or manipulations). Therefore i prefer to avoid. But the image above show they could be valid opportunities
- Rectangle: Exception: Price just touched outer band and reversed. Looks like a valid trade. It's a price rejection.
Should we take those trades i consider as exceptions?
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