Disliked{quote} Hi Akt, thanks for the feedback... understood the requirement of the 3CP in a row to be formed first before an aggressive MT can be drawn... but from my attached chart, can I consider the area (in blue rectangle) as a RBR? ... or did I wrongly interpret that area as a RBR which is not a zone at the first place? Please advise .. Thanks! {image}Ignored
No, because all those candles do not represent significant moves.
Remember the patterns we use? RBRs are one of them, if that zone is a base, where is the rally from it? there isn't one because the next candle is also a basing candle
best wishes
Be careful what you think because your thoughts run your life..Solomon