|PDF Title||:||Day Trading With Price Action Indicator Manual|
|Total Page||:||33 Pages|
|PDF Size||:||1.20 MB|
|PDF Link||:||Read and Download|
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“This indicator plots the Congestion Zone by drawing a rectangle to surround the congested price action area. Some Congestion Zones are concentrated at a single price level.
For such instances, a horizontal line, instead of a rectangle, will be drawn. As a Congestion Zone is only confirmed with its third bar, the first and second bars are included into the marked Zone retrospectively.
It also marks out arrows for Congestion Break-out Failures. An upwards pointing arrow marks out the setup bar for a bullish pattern. A downwards pointing arrow marks out the setup bar for a bearish pattern.”
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