DislikedWhat can I say? Another brillant post. Thanks.
I have attached a chart of today showing some professional (SM) support during a down trend.Ignored
This is the first time that I post on this thread and I must say that it is one of the very few that are worth delving into.
On your chart, please can you explain the different between the Professional Support near 07:45 AM and the Climactic Action between 06:30 and 06:45. To me it looks exactly the same but opposite and I wouidl have thought that the Professional Support was actually a Climatic Action, therefore expecting a reversal at around 8:00 AM.
Another way to ask would be: When is a climactic action confirmed? When is professional support confirmed?
This greatly appreciated. Thanks