Crabel identified that when the market experiences an unusually tight trading range (the narrowest in 4 or 7 days), it is often a precursor to a massive spike in volatility and a sharp price move.
AI responses may include mistakes. For financial advice, consult a professional. Learn more
He calculated the average distance the price moves from the open before finding resistance, helping traders set realistic profit targets and stop losses .
Crabel identified that when the market experiences an unusually tight trading range (the narrowest in 4 or 7 days), it is often a precursor to a massive spike in volatility and a sharp price move.
AI responses may include mistakes. For financial advice, consult a professional. Learn more
He calculated the average distance the price moves from the open before finding resistance, helping traders set realistic profit targets and stop losses .
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