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Why are the bars I marked in blue not considered the start of an end of day BTC bull trend?
There are good consecutive bull bars closing on it's high and very little overlap so BTC, and the time is right after 12 which is good time.
(I'm still going through BTC for the first time so please point out if I'm missing anything here)
Hi a,
I think the bars you marked can be BTC also. My guess for why Al didn't mark them is because he's teaching a case where it didn't work, so maybe he didn't want to show too much extraneous information. So the first BTC trend (that you marked) started at the correct time and went pretty far. But the next BTC trend attempt started too late and didn't work, so he probably wanted to focus on just that example in this slide.
Hope this helps,
CH
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That cleared my doubt, thanks!