About Al Brooks
Al Brooks is a full time professional price action day trader who understands what a trader goes through to achieve his goal of making money, and he is a strong advocate for individual traders. Al teaches you how to trade online like a professional with his best selling price action trading books, the Brooks Trading Course videos, and through the many articles on this website. You can contact Al here.
The bars are wrongly described in this paragraph. Please correct them.
“The rally to bar 7 lasted 9 bars and had several bars closing near their highs. It also broke the very steep bear trend line. This made traders look to buy a reversal up after a test down (a test of the bar 6 or bar 7 low). Bar 8 was the signal bar for a Higher Low Major Trend Reversal. All Major Trend Reversals are types of double tops and bottoms (double tops and bottoms much more often look like this than like the perfect ones that you see in books).”
Good catch Ravi. Well spotted! Edited in line with my own analysis. : )