Yes, no need for candles to be consecutive. The ledge in your picture has not the lows at the exact same price but close enough to behave like a ledge...

The big picture should drive your trade decisions: What is the big picture here? It is not three different trends, it is a TR. Therefore it is perfe...

Sorry but I am a little bit lost now Not sure what you meant, the bear channel in red was broken out at 8 BO, is this what you mean or other BO? ...

Yes but once it is a TR the next BO is 50%, the last trend's influence is finished. If the TR spends more time below the EMA I lean to think it is mor...

Here it is again, let's see now!  v2.png

@303172979qq-com yes

@303172979qq-com A buy reversal bar becomes a buy signal bar once the next bar trades above its high, so you can consider them to be synonyms.

L1 is the trade highlighted in the picture with a red rectangle. It is a L1 in a spike down so it is usually a good trade...

I think the green BO reset everything but don't put too much weight in the 20 bars, sometimes can be 30, 40 or 10, depending on other PA factors takin...

When you see several trends in your chart they are probably legs in a TR, so buy low and sell high. Yet, in hindsight it is clear this is a huge TR bu...

Ok, much better with the example: Refer to my picture, please...  v2.png

When Al refers to the low risk of a PB is comparing it with the risk of buying at the high (in a bull trend); tho both can be big, the PB's will be al...

Low risk is not bad risk. What you mean with bad risk, anyway? 🙂 The trader's equation is the only one that can be bad (= negative) or good (= posi...

Sometimes it is true but some other don't: Here the problem the bulls have is that a 10+ bars Buy-the-close micro channel is climatic so you should be...

The count only resets if one of the BOs is very strong compared with the others. But... If you have a BO and then another BO the first BO can be the...