Price is on a tight TR on 1 hour time frame Signal bar short Price is having support on the 4h EMA 20 (not shown)
NOT good for bear that the price is no a tight trading range, it means that it will face resistance on the bottom of the range Be prepared to deal with failed BO
Trade closed manually
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Trade closed BE, price still on tight trading range.
Probability still higher will go lower but better wait for a BO
Comment
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re-enter on BO of the low of the bar if this bar close near its low (1-2 pips tail)
reasonable to re-enter here but in 1 hour MPI news coming and FED spec in 4 hours..