My brushes are basically the same as traditional brushes, but they are the core of my trading system.
At the same time, I also use the brush to lay the groundwork for later processing of wave level issues and wave brush issues.
Otherwise, students will definitely ask why we keep talking about the Theory of Chaos when we talk about waves.
The upward stroke consists of the bottom pattern, the middle line segment and the top pattern.
The downward stroke consists of the top pattern, the middle line segment and the bottom pattern.
Other brush methods are for reference only. I am just interpreting it according to the traditional Chaos Theory's brush pattern.
The previous article talked about the destruction of the top pattern. Here we will talk about how to determine whether the pen is formed.
Only after a stroke is completed and a stroke is made downward can we be sure that the stroke exists and is formed.
Otherwise, the pattern will be destroyed in the subsequent trend and we can only treat it as if the pen has not been formed.
Example:
The structure in the black box in the figure does not form a stroke in the middle of the top and bottom pattern, so this set of K-lines can only be treated as a stroke.
Some people think that it can be drawn as three other strokes, but I think it is better to respect the Zen master.
The above is the basic interpretation of the brush. You are welcome to correct me.
Next lesson: Central