Lesson 15
Posted: Wed Oct 29, 2008 10:45 am
Page 26 of Lesson 15 Section 1 states “The corner line is the formation that links the isolated high or low formed by the congestion entrance bar and the trend reversal bar.â€Â
I read this to mean the trend reversal bar is linked to the congestion entrance bar by a line, but the examples make it clear this is not the case.
Would the following statement be correct?
“The corner line is the Drummond line (hopefully a 5/3) that links the isolated high or low formed by the congestion entrance bar and the succeeding bar.â€Â
P.E.
I read this to mean the trend reversal bar is linked to the congestion entrance bar by a line, but the examples make it clear this is not the case.
Would the following statement be correct?
“The corner line is the Drummond line (hopefully a 5/3) that links the isolated high or low formed by the congestion entrance bar and the succeeding bar.â€Â
P.E.