http://www.forexfactory.com/showpost...ostcount=24515
Josh,
excellent analysis...
as an add-on, the mentioned PBs are those w/c can be called "trend continuation" PBs wherein the upmove is rejected then eventually breached.
on your 2nd chart, the PB (bar 2), in other situations, can be a false break to the upside, taking price back inside the consolidation &/or even go down further & break the lower part of that range/consolidation. In this case, it would be a "regular" PB.
Josh,
excellent analysis...
as an add-on, the mentioned PBs are those w/c can be called "trend continuation" PBs wherein the upmove is rejected then eventually breached.
on your 2nd chart, the PB (bar 2), in other situations, can be a false break to the upside, taking price back inside the consolidation &/or even go down further & break the lower part of that range/consolidation. In this case, it would be a "regular" PB.