Video 29 A, B,C, D & E: Climaxes Flashcards
1
Q
The term “Climax” is a…
A
Breakout that ends a leg or trend. An extreme acceleration in a move up or down. Any unsustainable move, usually late in a trend (after 20 or more bars)
2
Q
I thought the Climax section would be more informative. Will need to watch again to see what value I can extract from it.
A
3
Q
Perfect V Top or Bottoms are extremely rare.
A
They are usually news related
Usually only on 1-5 minute charts
