The underlying market has paused... perfect formations start playing out... at critical junctures... on absolutely no ... pretty sure I've been gamed on this one more than once.
Closing shorts all day if I got them and watching these levels. You're not likely to miss movement out.
The red zone represents a period of low . With low participation, you see weak S/R and thin order book depth. Imagine a burst hitting the ask in this situation (and we are due). It could represent an efficient premium being paid by smart money to raise average distribution prices. If they can push it just far enough into the 'extreme zone' they'll catch short covering and range/channel breakout buyers for increased liquidity into a dump.
Not saying, just saying. If that does happen, be the guy that steps up offer or crushes that bid right at the end of the thrust. It may seem dangerous...just think of it as rapid feedback on your system expectancy.