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Hi, May I confirm my understanding?
I think this is a valid entry according to the rule. MichaelG’s document makes me understand but to be sure. I would like to verify my understanding.
I think I place pending order when bar1 close is correct but If I place pending order when bar1 did not close yet is that correct also?
Also, I'm not sure that can I place pending order on Bar2 close order not because once Bar2 closed, Bar1 will open in the area of interest correct?