Quote:
Originally Posted by SIMBA
Yes,but it has a higher low....and,for me -with my wide definitions- It doesn´t make much difference...probably I chose it because it has 2 lower highs(1,2).. and 3 higher lows(3,4,5)...  ...and,for me ,it is a good example of a tradable 5BF pattern,as long as the entry rules are met and the reward to risk looks right...
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Thanks for the clarification...I believe this is a good tradeable pattern at possible sup/res areas...What does the author think of your definition of this pattern? Does he trade it the way you do?
thanks for your contributions here and everywhere else.