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Opening Range. ''In a bear case, when the ORG is small and market failed to BO below the range (usually also FBO below [[MSR]]) after strong attempt and reverse up, traders have to be thinking about market will try the other direction for a MM up of the range.'' | Opening Range. ''In a bear case, when the ORG is small and market failed to BO below the range (usually also FBO below [[MSR]]) after strong attempt and reverse up, traders have to be thinking about market will try the other direction for a MM up of the range. This is similar to the rationale of "Initial Selloff Matters" that Al described about [[ORV]].'' |