DislikedThis is to do with today's discussion on ZigZag Tops and Bottoms... ZZ Top and ZZ Bot On the 15M, the most recent swing high is not yet "confirmed". We devised some rules for confirmation: Price is marked by the ZigZag Price is outside the BB Stoch is outside the BB Price crosses the BB Midline AFTERWARDSThere are some exceptions that I've seen... so I would say this is 97% accurate Below is a chart showing the most recent swing high or ZZ Top is possibly a fake or won't be the ZZ Top for much longer.... hopefully. {image}Ignored
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- Edited 8:19pm Jul 18, 2013 7:56pm | Edited 8:19pm
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