Disliked{quote} Thanks Fti i see that now. You also mention the range 1.3895 to 1.3915?Ignored
1. There is retrospective distortion - meaning it is easier to find explaination for something after it happens
2. Over valuing of factual interpretation and getting trapped in what you observe and neglecting the not observed and unobersevables
with reference to the attached chart:
1. presence of special variant of H&S contained in symmetric triangle. H&S is bearish. note neckline is also lower boundary of sys triangle
2. impulse downwards from sys triangle via H&S neckline at 1.3915 piercing through 1.3895 which is prior spt
3. direct ans to fti qns is that 1.3915 is where the run started before hitting 1.3815 and it pierce through spt at 1.3895 where new unfortunate plp would have likely bought in due to it being spt. thus, there are positions in that range there which are stucked and is now all bad as impulse gave no chance for position liquidate.
THE ALL is MIND; The Universe is Mental