Last Updated on 21 September, 2020 by Therobusttrader

The NR7 is a price pattern. For an NR7 to occur, the range must be the lowest in 7 days. As with the Bollinger squeeze, NR7 signals that volatility is about to return to the market.

NR7:s at oversold or overbought levels tend to indicate the imminent reversion of the market.

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