Some corrections go for a third or even a fourth leg, so I prefer a different labeling system to account for this and discuss it later in the books. In its simplest form, it counts the legs of a pullback. For example, if there is a down leg in a bull trend or in a trading range and a bar then goes above the high of the prior bar, this breakout is a high 1. If the...
This analysis is a combination of some Albrooks price action analysis techniques combined with ICT techniques. Moreof ICT techniques can be seen in my analysis and I have mapped out my models from his teachings.