I’ve been having some confusion with respect to exhaustion gaps - AL says that price breaking out of a 20+ bar channel - with big bars imply exhaustio...

hey man, sure thing Mike!

hey Mike, keep continuing the posts mate! keep them coming!

yes mate! thanks for the markups!

i’ve come across a pattern to trade the reversal, comments are welcome

thanks for the reply mike! much appreciated!

I have another conclusion, please point out if it seems to be correct - AL states that we see a major trend reversal only after major HLs or LHs ar...

I have another query wrt to an observation made by AL - A major LH need not necessarily lead to a new low immediately. So wrt that observation, Is...

i was following the 1 hour chart on MBT - after a point it gave a strong bear BO - so i guess the buy climax conclusion proved to be correct. Congrats...

it seems to be a pullback from a triangle breakout and also pullback post 3 major legs up - broader context seems to be a broad bull channel - anyway ...

in my opinion - a measured move seems more likely. an exhaustion gap would have been more probable had you gotten a huge bull bar breaking outside the...

yeah..it seems to be alright, although Al sometimes uses an alternative terminology where pause bars ( dojis which do not fall below the low of prior ...

i didn’t quite get your question Mike - could you elaborate?