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Hello,
In the beginning of the video, a channel comes only many many bars after a spike and what I see is a bull trend between spike and channel. I assume that Al refers to that "bull trend" that I see as a complex PB, so the question is - how do we know it's a complex PB and not a separate bull trend? Thank you!
Hi Basileus,
We cannot know anything for sure as far as the future goes. Whether or not a reversal/new trend will form, whether or not a tight or broad channel will develop, or that it will be a pullback either. Trading is done in an uncertain fog which is why we have to think in probabilities.
Give me a timing for Al's comment if I have misunderstood your point.
