@Patterns is basically saying to not bother buying outside of the trending phase. The trending phase , according to his analysis is , in the green box below the orange line . The reason for the orange line , would be that there is massive resistance at that level . I would think . So he telling you buy the dips - but stay away from that massive resistance if it gets close . Useful to know . You still apply all your own analysis .
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- Day Trader’s Aftermarket Lounge 21 Jan 2020
Day Trader’s Aftermarket Lounge 21 Jan 2020, page-43
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