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Concerning video 09B Pullbacks and bar counting. In slide 11, in blue text, shows a L2 DT sell setup. I just wanted to clear up confusion because it was stated that in a downtrend, once clear, I can consider a DT a bear flag. And in this particular slide, I fail to see the DT Bear flag.
Does this mean that not all DTs in a bear trend are bear flags?
Adrich, Is your source of disagreement that B wen below A. In a classic bear flag, we should have a counter-trend uptrend, so B should be above A.
If that is your argument, of course makes sense. But Al says in his vids that B can be slightly below A and still be 2nd leg - not perfect looking but it works.
I see, so it's often that patterns won't come in classic structures, and what's important would be the overall context.
Very interesting indeed how Al's methods are in a different approach.
