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I'm always trying to hammer down Al's reasoning/rules on trades. Something I came across regarding "consecutive bars on open with one closing near low".
7/16/21, GU, 2 consecutive bears on open + B2 strong (Al has blue rectangle box below B2)
7/23/21, GU, 2 consec. bears on open + B2 strong = Al, no trade
The only argument that I can figure why 7/23/21 doesn't have trade below B2, is that he shows 7/16/21 chart as opening "just above yest H"...where 7/23/21 gaps further above yest H. Either way, Al mentions in course that it's helpful, but not necessary to know ALL types of support/resistance on each trade (as there are infinite possibilities). Here I'm just wondering why 7/23/21 B2 isn't marked as a good swing?
