@Thnacks, hi, it is void zone, the area between an impulse wave and a support wave. If this area is quickly avoided, the trend continues; otherwise, the area is extremely choppy. Right now it is in bottom part of the zone, nowhere area. Just click in the play button.
Thnacks
⋅
@juanclos, I have been looking at island reversal patterns and some consolidate before moving higher, others fill the gap then move higher, some break down. In your exp have you seen a retest of the break high at least?
juanclos
⋅
@Thnacks, as titled, it is a consolidation zone, never said this one is going up or down. You clearly pointed out that some break up and some down. It has been a lot in the area, it is nowhere at the moment, but it is tradable long and short positions within the range. All with great risk and reward.