MightyOne wrote:Braathen wrote:...
So im trying to draw the 4H H/L P&F and the H/L +close
On the H/L when i come to a candle like candle A here:
Looking at this candle moving both above and below how would you mark it up MO?
Maybe it is because i have not made my box size 5% of the median range.
You have to continue in the direction that you were previously marking points if it is possible to do so.
If you were marking lower points then check the low to see if you can mark points.
a) If you can then mark points and move to the next candle.
b) if you can't then check the high to see if you can mark a reversal column.
& if you are using HLC:
c) check to see if price closed in an area where you could mark a point for a reversal column, if so then
mark points to that area.
Thanks very much for taking the time to explain it!
Got it now.