#25 pips

[tradingranges-blog]

The answer to the previous post. The reason why I did not go long the first time price breached 4050 (1) is bacause the AMA (a) had flatlined and was not producing any velocity bars (blue/red dots). On the second breach (2)  you can see the velocity on the AMA (b).

note: this is a 1 minute chart; AMA = adaptive moving average