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In Slide 19 of the video 11B, Al called the low of k1 the highest BO point. Why he called it the BO point and the **highest** BO point?
(1) Al called the low of k2 the BO point, because the low of k2 is lower than the low of k1? Or the low of k2 is the middle point of the MM?
(2) I don't understand why the low of k2 rather than the low of k3 is the highest BO point.
Thanks a lot for taking your time to answer in advance.
He's talking about breakout below potential swing point, where the market found buyers and reversed, even just for a bit. Of the 3 number 3 is the highest
Thanks a lot for answering. Your explanation cleared that up for me. 😬
