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21C Slide 6 Reversals
In this slide there is a TR with a strong bull bar testing the top of the range before we get a BO of that range.
How can we differentiate between a second leg trap in the range (which would be a sell at the top of that range) vs. the BO of that range.
If I were to short at the top of that range expecting the a test of the bottom of the range would that be a bad trade?