The latter! In this particular case I would have exited below 35, because it is a strong enough setup for the bears if only because it is a second...

Good catch!

I also think it is an Ok swing buy; @richardhk, could you check this with Al, please?

You can't think in retrospect. The question is, in real-time, should I hold? A TTR is a sign of equilibrium but without prior bear pressure, the p...

Consecutive climaxes are ideal but a protracted trend can do as well. Wedge is not a needed, it is a different reversal pattern, but if you have it it...

This is the scalp target, there are other swing targets (leg1 = leg2, MM based on the depth of the PB, ...). The swing can go much further than seems ...

No, a swing trader does not expect only 1 x risk and TBTL. A swing trade goes on for many many bars and the aimed profit hast to be 2 x actual risk. ...

With the bears selling the close of the bull bar (bar labeled 1) breaking above the channel and next bar being a bear bar, the bear channel premise is...

Happy to help!

Yes, and this is the first break of that trend line so you can buy for a swing after the test down that will probably follow. Strong bull bars near EM...

The rule. The exception.

It depends on your strategy: if you are scalping, you exit with 1x risk but, if you swing, you hold.

Yes! The big bar is the BO of the trendline but this reversal is probably minor so, yes, you need to wait for the second entry.

Yes, we all have selling near the low with stops in a tight channel, especially when a bear leg in a developing TR is likely. Your buys were not good ...

Nop, you had a 60% chance for the MM so this means you had 40% that it didn't happen. Yesterday it didn't. Technical analysis is probabilistic in ...