{quote} Hey mate, you can also use market structure to define the change in trend, in this case its not an downtrend yet, trends simple don't shift from up to down, institutions have huge blocks of orders, therefore its way more likely they will balance (accumulate/distribute) before any real movement, which translate as trading range. Also we have the volume profile tool that is an awesome tool to see what is really going on, notice how value was not accepted higher and was found lower then the prior day confirming the structure break. best regards...
......Where are possible brackets.....that's what you actually saying....look at value, value acception, rejection and other possible brackets. Have to pickup the James Dalton book again! You put me on the road again, thanks for the reminder
You can manage risk, but you can't manage the return
