Replying to Avatar Ten1000changes

So for example I could have waited to get in on a breakdown and reversal below my stop on the chart right?

That would have been the potential bottom of another broadening formation.
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Houston 2y ago

That's right. The lower low often is the better entry for several reasons:

- stops out early bottom pickers

- completes the A-B-C extension

- sets up for the potential double bottom

- sets up for a potential bullish divergence on various indicators.

Note the 2D-RDR-L that formed at the bottom and the recent 2D-RDR-S at the top of the range.

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