Disliked/// Advanced concepts /// So, we know that in order to sell high....Ignored
We can see at first the range was little (orange channel), indicating that price is just going on its way, and it is not even thinking about reverse. During this stage we must wait.
Later, range get bigger (it doesn't matter if it do it by an exhaustion move or an impulsive downmove first, what matter is that it gets bigger) (red channel, green circle).
It is exactly this widening of the range that is our best clue about the market preparing to change direction.
Ok that's all!