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Here in the highlighted sentence Al says 'An experienced trader would have needed follow-through in the form of second or third bull trend bar believing that the always in trade had reversed to up'.
Al says experienced trader here would sell above the bar. Is he referring to above bar 3 here?
If yes then why would an experience trade sell above bar 3 while it is forming? In another words bar 3 could have been resulted in a bull trend bar while it was forming in a real time and an e experience would have no way knowing that prior the close of bar 3.
Selling the close of bar3 and below bar 3 make sense but when we are talking about selling above the bar which bar are we talking about here?
