DislikedMy understanding is that I cannot short @ "A" because the price has to get back up into the HOLO area such as in "B" and "C" respectively. Otherwise, I could have shorted the trades whenever the price dropped through the bottom line of the HOLO. The way I understand it, therefore, is that only "B" and "C" are valid entries and I would like clarity on that, please gentlemen. Lastly, nothing should be attempted at the current PA? Thank you for the kindness and patience accorded me. Continued success to you all. Hercs. Adding M30 for orientation sake....Ignored
As far as I can tell A happened before the highest open of the day.
Candle B and C did not come back through the highest open. The bar after both would have been valid. Bear in mind that by the time bar C developed your probably had another higher hourly open for the day !
What are the orange areas on your charts?