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Al says here if 2nd attempt is also a wedge, get L6 sell signal.
So for example if the bull leg after the L2/L5 would go higher and make a wedge top, would this be the L6 sell signal Al talks about?
Yes. Consecutive wedges, that is 2 wedges where the first one failed to reverse the market are L6/H6s. Check out the encyclopedia and daily setups, you will get ample examples to understand this point.
No its clear now Carpet, Thank you!
