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from your red 0 to 1 low we can draw a 1-2-3 easily. But from 1 to 2 red up only 3 candles there is an arrow down yes but do you see a clear 1-2-3 up pattern here? In other words do you like the picture here for me this is a mini move and not clear despite this black arrow down.
perhaps 5M chart is more clear. DJ told here he respects Dow theory so why shorting higher highs anyway?
