The turning points are picked with reference to price efficiency,
Price has filled gaps with inefficient legs and the market is efficient ( ^ -literally that shape/ it has covered 3/4 + of the range it is within)
and will likely pick a new direction at these points.
Price has filled gaps with inefficient legs and the market is efficient ( ^ -literally that shape/ it has covered 3/4 + of the range it is within)
and will likely pick a new direction at these points.