Hi,
download/file.php?id=4707The above is not a bullish swing point #1 because a bullish swing point must be a Up WRB HG interval that occurred also as the KME interval that will have its close measured against the close of any prior Down WRB HG interval @
download/file.php?id=3081 In contrast, a bearish swing point #1 will have a Down WRB HG interval that occurred also as the KME interval that will have its close measured against the close of any prior Up WRB HG interval @
download/file.php?id=3085 Please review the charts carefully from the free study guide to see the above including the generic chart @
download/file.php?id=3082 Regards,
M.A. Perry
irza wrote:
Chapter 2
Example
Swing Point #1
The key market event interval (first WRB Hidden GAP) must have its price close below the close price of ANY prior Down WRB Hidden GAP even though it may not be the same prior Down WRB Hidden GAP that gets filled by the price action after the key market event interval (first WRB Hidden GAP) or the key market event interval (first WRB Hidden GAP) must have its price close below the range (highest high to lowest low) of ANY prior three consecutive declining same direction intervals.