Lesson / WY-06-27
Examine the distribution or redistribution structure preceding the current bottom and the downside candidate zone from its horizontal count. Check P&F box size, reversal count, counting range, projection anchor, and current price to determine whether the old decline has entered its previously estimated potential distance. If software supplies a converted target, do not multiply again by box size and reversal count.
Course content is for learning and research only. It is not investment advice.
Read the Chapter ↗Timestamps
7 lessons · Chapter contents
01The Nine Tests Within the Five-Step Method↗02The Nine Buying Tests Explained↗03The Nine Selling Tests Explained↗04Charts and Information Required for Each Test↗05Recording Satisfied, Not Satisfied, and Not Yet Assessable↗06Classic Tests and This Course's Trading Conditions↗07Organizing Results into Primary and Alternative Scenarios and Waiting Conditions↗Observe the market: start with context and place price within its structure.
Understand structure: compare supply and demand, and let evidence support or revise your hypothesis.
Form a view: define risk limits and know when to reassess.
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Relative Strength and Opportunity Screening
Point-and-Figure Charts and Price Target Estimation
