Disliked{quote} There was no need for all this happen Emmanuel. You drew a Wedge pattern, you know it and I know it. I simply pointed out that you said about the "two trend lines" and I said that they are not trend lines, what you have drawn is a wedge pattern. If you call it what it is, then people can go and research the pattern and learn something. They will learn nothing if they believe that they are looking at two trend lines. And don't be telling me that "We are not discussing patterns like wedges, pennants, flags, rectangle here" when it is YOU that...Ignored
What mistakes?
All I did was to use the MT4 platform tool trendline to draw two lines connecting the two recent highs and recent lows. That just to show the narrowing range on that EURAUD chart. All I drew on my chart was a narrowing price range. That's all.
I was not using chart pattern like wedge pattern to show PA.
Price Action trading is another huge topic and we have not gone that far yet. For a basic start, just keep to a few simple price bar patterns to help us see what big candles, small candles are when Big E mentioned them in his Post#647. No need for those wedge, flag, pennants,... patterns.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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