Three Pushes versus Three-Leg Pullback

August 10th, 2012, 03:01 AM

Hello,

This is my first post, so I cannot attach the chart for clarification.

I am reading the first book of Brooks' series "Trading Price Action Trends". In chapter 3, Figure 3.1, he called bar 7 was a wedge bull flag because it was the third push down from the bar 6 high.

In my opinion, since there was an uptrend from bar 2 to bar 6 before the first push down, can I call this Three-push countertrend move (a wedge bull flag) as a "Three-Leg Pullback"?

Thanks

August 10th, 2012, 03:02 AM

mercyman

This is my first post, so I cannot attach the chart for clarification.

Yes you can, you just can't embed charts from third party services. You can attach them.

Mike

August 10th, 2012, 03:03 AM

There is a thread for this book here:

Book Discussion: Trading Price Action Trends, Reversals, Ranges by Al Brooks

Al Brooks has just released his new book:

Trading Price Action Trends: Technical Analysis of Price Charts Bar by Bar for the Serious Trader

(Amazon Link ()

This is the first book in a 3 book series. With the great reviews of his first book (Book Discussion …

Better to use that existing thread instead of a new one, to talk about that book or Al Brooks.

Mike

Three Pushes versus Three-Leg Pullback

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Three Pushes versus Three-Leg Pullback