DislikedHow the E line got its name: I needed and easy way to describe tops and bottoms to help identify them. I came up with the acronym SETUP. For a Top: On the left we have a Shoulder and Elbow followed by a Tip. When price breaks Under the Elbow we have identified a reversal. It then pulls back, usually above the Elbow but not always, to a Pull Back. (If price continues and goes above the Tip it is not a Top.) For a Bottom: On the left we have a Shoulder and Elbow followed by a Tip. When price breaks Under the Elbow we have identified a reversal. It...Ignored