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On slide 8, Al mentioned that a pullback that falls below the bottom can still be a pullback, not a reversal.
What are the rules for telling them apart? When does a move officially become a reversal please?
Thank you!
For me, that is a TR. Big up- big dow = big confussion = TR. Buy Low, sell high and scalp
A reversal for me, is when it breaks the bottom with the body, and the next bar is a follow-through bar