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Ar there any more people who are having problems with some charts that seem vertically compressed.
Often Al is talkig about a tight channel, but if you compress the chart, it's seems only logical that at first glamps, the channel seems tight. But then simetimes when i look a little closer, I often see 'limit-order bears" making money in a "tight" bull channel (1st trade Break-even en a profit on second "scale- in-trade"). Which would mean that the trend is maybe not al that strong.
Also, Al says that PB's are only 1 or 2 bars, but de bull legs often don't count that much more. It's something I'm struggling with.
Thanks for your thoughts everyone.
Bears can be making money easily or having a difficult time, even losing sometimes. Here they were having hard time, so the channel is tight, see the chart below:
