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I am at chapter 13 Lesson B Always In. I have got as far as 08: 58 in the video. From there on until 09:14 It is impossible to follow the pointer with the commentary. I tried to watch it at half speed but I still cannot make sense of it. Could someone help please 🥵
He is highlighting the potential pullback counts. The counts are not as important though and essentially becomes a pullback (double top or triange). He highlights the triange and I have included pointer counts of the pullbacks. It doesn't matter how you count it though, and that is what he is emphasizing. You are looking to go short in the direction of bias.
The bias is downwards and you are looking to short.
Hopefully helpful and good trades to you!
Thank you Eric, I did wonder if I was trying to be too precise trying to spot the points. I am glad to say that my interpretation of the pointer position matched my choices. I must be learning something at long last 😊 I have taken to numbering all the bars, which did help a lot.
