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Hi Dan,
Wyckoff originally talked about this using the analogy of dams. He said that engineers don't build dams right next to one another. So when the dam breaks, there isn't another dam right behind it to hold back the water. Same with price. Once it breaks through the opposition, you can anticipate continuation.
Eiger |
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Nice analogy! You had another good analogy earlier about an athlete. I think all these are great when forming an image of the flow of the market and of the workings, inner workings, of a trader.