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Narrow Range NR
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Definition of 'Narrow Range NR'
NR is Narrow Range
If a price bar's Range is less than the previous bar's range it is said to have an NR. The opposite of NR is Wide Spread (WS). NR is technically NR2 when compared to NR4, NR5, and NR7.
This is a Toby Crabel price pattern.
If a price bar's Range is less than the previous bar's range it is said to have an NR. The opposite of NR is Wide Spread (WS). NR is technically NR2 when compared to NR4, NR5, and NR7.
This is a Toby Crabel price pattern.
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