Disliked{quote} Looking good. Using that nasty hindsight. I want to see all those who through that out make any trade decision without the use of some hindsight. Where you have PFL/PFH, if you look left you see they are test of previous areas. This was something that took me a bit to work out. How I get PFH/PFL is finding the last high/low formation with significance before my trading window. Basic PA. Notice how the PFH goes from resistance to support. PFHs/PFLs are local areas of liquidity. Burke mentions stop hunts with peak formations together. So,...Ignored
I was interested to see price rise from "A" then fall back to "B" hitting the PFH before going back down to B.
Is this some sort of liquidity drive up, collect stops and drive price down again to the BRN ?
Any ideas of Stacey theory at work here?
Thanks guys .
every Saint has a past. Every Sinner has a Future
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