IPB's move in such a way that it hits its 'nose' or wick-end &/or moves past it. this one did not.
however, imho, this 'IPB' is fairly small & against a trend. (also, see my comment below)
DislikedMany thanks to both.
The IPB failed indeed, so another trade in the "still to learn" basket.Ignored
i think u saw it solely as an IPB; i saw it mainly as a PB... & a potential IPB.
i think when people form a bias, it should be a "flexible" (as opposed to fixed) bias.... have 2 or more perspectives... use a monocular & a binocular.. try to see the forest & the trees.