Section 2 lection 4: Pattern Logic
Proper price action evolution will coinside with the proper expnsion and contraction phases. The Setup will have correct STRUCTURE
thrust bar (kunne være en gap)
(see link below )
dynamics = hvad der sikkert kommer til at ske
Pattern Logic (It Is a range consolidation within prior interval – Pennant (triangle) pattern on lower time frame
80% triangle consolidations continue
… in the direction of pice action
… which preceded the consolidation)
Pattern Definition (must be with 3 intervals)
Pattern Recognition (H0 H1 osv )
Price Action Reversal inside bar can be a price action reversal with the body or range of the candle being small and a long tail or wig..
It is subjective… the severity of the reversal depend on the size of the range
https:/ /www.tradingsetupsreview.com/ 10-price-action-bar-patterns-must-know/