Question about change, see attached chart from Spydertrader. I added 4 blue vertical lines on the chart, each one of them represents decreasing black volume. The first 3 represent clearly change. But, the 4th line does not mean change. Why? Is it because the price bar is a pennant? Or mayby because of the different volume pattern that is preceding this bar? -- innersky
only for one bar (the pennant) is change? Anyway, the correct action is hold long I presume? -- innersky
What happened on the bar following the fourth one shaded? Did it show as continuation or change? And then what happened next?
IBGS and increasing volume (meaning change), but then we have change again with a bar that has double the volatility with half the volume...
Is it change or continuation? Half the volume eh? What is the context and how is it different than the other three highlighted bars?
ok ok it's a flaw and we all know a flaw is usually followed by an ftt Thank you for helping me see what I already know Avi 8 -- innersky
ES chart for today. I found most of the 'M' difficult and frustrating today. So now I hope this day was exceptional in some way that I don't understand yet .