it could also be read 'time comes to an end over a line'
We know that support is broken when there is a close below it, but we also know that the same line can hold as support in an even larger chart period.
I just look at the chart and if it looks like it is closing lower then it...IS
newscalper wrote:MO - -there's always been something in your terminology that's been puzzling me when put in terms of 3CC and that is 'price closes over a line'.
In any terms price never 'closes' - sessions and bars and ccs can close but price doesn't AFAIK - although current price is called 'closing price'. Now in terms of 3CC and 'price' closing over a line - which I've always taken that you mean a bar closes over a line, I understand that in terms of a singular bar or a singular CC closing over a LOS = get out. Now, in terms of 3CC would price closing over a line = all 3CC closing over that particular line or just 1CC or just one bar - I know this is something down to the individual trader but how do you view it?