Dislikedhi everybody
i have a question about TBLHC (even 3 bars here) on GU. I've never used such formations before and want to start testing them.
What you think, is it good to open long on break of this formation, in this particular place?Ignored
DBLHC or TBLHC or even a QBLHC are best played at swing lows. And the Close of the High should be higher then the previous bars.
I don't think it is a good place to go long in this paticular place. I would need much bigger and bolder PA to go long against the current strong down trend.
Indicators show the past. Price Action "Indicates" the future.