DislikedI entered at the break out of the daily inside bars, this is the first place i read about it, when price action ranges inside one or more previous candles, it tends to break out with strenght and improves your chance to have a succesful trade, also i think that it was in a good position, far away from trouble areas as soon as the price also went above the 1.16
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Why would you consider taking a Long trade after the candle you called an IB?
To me, whatever the outcome, that candle is more like a DOJI showing signs of indecision as to which forces are going to take control of price, ie the buyers or sellers. I may be wrong and that is ok but i think that is pretty dangerous candle to base a trade on.
I mean, we don't want price to reverse on us or even if it goes our direction, it may linger for days.
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