Hi Becky,

If I see, for example, an extended downward climate (red circles), broken up by one or two unconfirmed, blue circles, would that be considered less probable of a trade than one where there are clear separation between trends?

I’ve attached an example. I know the methodology just has me looking at the latest circle, but would a more advanced trader say the small blue circles are not a clear enough change of climate and, as a whole, looks more like a very over extended downward climate?

Becky Hayman Answered question August 12, 2021