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Watching BTC and sometimes I'm having a hard understanding where is the wedge or flag Al is talking about (also him saying "here, here and here" with mouse pointer being 0.5-1 second delayed, and sometimes the pointer is just disappearing completely, is not helping 🙂 ). For example, this particular one is from 13B, a small wedge:
Could you please tell me which bars are forming a small wedge there?
The next one is a Nested Wedge, same question - which bars is Al talking about in the video?
I'l tell you my understanding of wedge - it is just any series of pullbacks(H1, H2, H3.. or L1, L2, L3), that occur during a trend. For it to be called a wedge, there have to be at least 3 of these but can be more.(So, a H1, H2 isn't a wedge, but H1, H2, H3 is a wedge)
In first diagram, the pattern numbered 1 to 9 is wedge
In 2nd one, the pattern that looks like a flag is wedge. For exact bars, try numbering H1, H2 etc.
Everyone please feel free to correct me anything I said is incorrect