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Will this be considered as Trending Trading Range day?
I dont know if you mean the Day or Days, because you are asking for a Trending Trading Range Day, but your chart is showing Days.
I would say that this two Days together are a Bear Trend.
Some facts from Al about Trending Trading Range Days:
- open range = 1/2 to 1/3 size of the prior days range
- open range lasts 2-3 hours then a breakout occurs and another TR forms
- after the 2nd TR forms ther is a test of the earlier TR
- the test often breaks back into the earlier range
Thats not all but this one will fit to the 26. very good. for the 25. not really...
So i would say yes the 26th is a Trending Trading Range Day
I did two Trending Trading Range Day examples from the last two months, what i found in my charts. This two Charts look the same (same energy than your chart example, one of them could be the same) as your chart from the 26th.
Your Chart:
Examples:
Hopefully that helped a bit. Have a nice Day.
