Now imagine this situation.
Till Bar 6 - no problem- Rally continues.
Bar 7- Inside Bar
Bar 8- breaks the low of the low of bar 6- Decline started- but Decline not confirmed yet.
Bar 9- breaks the low of Bar 8- Decline confirmed- and the high of Bar 6- becomes mPH.
Hope it is clear now.
In above post decline is well understood, but these bars only have body no wicks(left intentionally).So shall it means all confirmation of rally and decline started are based only on body examination not wicks ?
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