@Cabbie, is it correct to interpret that your trading range does not necessarily equate to a Wyckoff Trading Range? That is, would not a Wyckoff TR (Trading Range) have its floor defined by the base of the AR (Automatic Rally)?
Asked differently, might you pls elaborate on why the "sustained" breakdown (several bars closing) below your trading range doesn't necessarily de-confirm that channel?
Just for the removal of doubt, I'm not challenging your view. Just interested to refine my understanding of Wyckoff principles, and to better connect into your charting, which adds a lot of value, and from which I learn tonnes.
Nice one Dr Cabbie
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- Day Trader’s Aftermarket Lounge 27 July 2020
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