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Hi.
On video 01 terminology at 03:23 al says "I view a bull channel as a bear flag.."
But on this screenshot - isn't it a bull flag?
Thanks
Rafael
Hy Rafael,
You have to think a Bit different.
rising or falling Channels/Wedges Are flags too. For example in a Bull Trend there is a falling Channel for example the Bull Flag, as pullback. In a bear Trend there is a rising Channel the Bear Flag, as a pullback.
In the slide above there is a Bear Flag = a Bull Channel, because in a Bull Channel a Bear BO is more Likely then a Bull BO.
If it were a Bull Flag it had to be a falling Channel instead of rising.
