Lesson 13

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Trader Question
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Lesson 13

Post by Trader Question »

Bars 1,2, 3 establish a trend reversal not congestion action even though the dotted line and block level are still intact? Therefore, congestion entrance would begin again at bar 4 (not labelled on slide). Perhaps a moot point as the congestion action continues, but there were 3 bars with a close above the PLDot signifying a trend reversal which was not indicated in the written explanation.

I just want to make sure.

M.S.
pldot
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Re: Lesson 13

Post by pldot »

Yes, that's right.
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