If we are looking for a short entry, then yes, your interpretation is correct.
My interpretation is that your chances of winning the position are less than if the signal is showing a STRONG short setting. It can still work in your favor, BUT, review the FAQ, specifically the charts that show the R/R as you move further from the original entry signal. The graphs clearly show that days since signal result in lower gains ....
I have to defer this to the masters ... I can't clearly answer this from my study of individual FAQs.