By
alex_laxya
30 min. tf, yesterday
If we consider second bar after red wrb as a negation bar, and very next bar as a resting white bar, then h.of this bar + room bo taken as entry point then we wd hv whipsawed out.
Is this a valid entry point or i am taking this negating bar concept in wrong context ?
We didnt trade in afternoon hours but if we wd have i must have confused, i am not getting the concept clear, it will extreme help if some one clarify bit more.