DislikedFor me it isn't so much no space here as it is the location of the bar(where the bar sits). I would want to see it have a lower low then the recent swing low(drew it in). Where as this sort of just in middle there. A break we have a good area of where price should end up testing(blue box).
Best
MikeIgnored
(excuse my english if this is a really primitive explanation).
But you get the idea of what I mean.
This perfectly (in my view) goes well with PB formation.
And this example you show is for the same reasons?
Just trying to understand why you say you would like to see that bar having lower low...