Trading Range Manipulation vs. True Range Breakout.
Some notes ...
TLDR:
- If price is unable to break the range manipulation zones, then its likely just that - a move to manipulate above or below the extremes of the range.
- Look for reversals at these range manipulation zones as what often follows is acceptance back into the range and possibly a tag of the opposite range manipulation zone.
- If we *are* able to escape these range manipulation zones aka the tractor beam, then its more likely we are witnessing a true migration of value higher and price will not return to the range - then you switch from range trading to trading continuation moves as part of the trend in the direction of the true breakout.