Recognizing that markets move in stages based on interest rates and credit expansion.
Prices attempt to return to the previous high (in an uptrend) or low (in a downtrend) but fail. trader vic methods of a wall street master by victor best
The price then drops and breaks below the previous "minor rally low." Once this third step happens, the trend is officially reversed. The "2B" Rule (The Fake-Out) Recognizing that markets move in stages based on