Hi all,
In the picture, in the first diagram, when lower pivot high was formed we say Uptrend is in question, and when the higher pivot low at A was cracked and a lower pivot low was made, we say its confirmation of downtrend.
In second diagram, after making a lower pivot high, it didnt go to make a lower pivot low, but made a higher pivot low. So here, when do you prefer to say the trend change is confirmed -- when it crosses point B or point A?
Regards
Krushna.