From bar 13 (including bar 13), you can look for countdown criteria to start it.
Setup stays (coz minimum requirement of 9 is satisfied), its length is uptill bar 11.
In your hypothetical situation, if gap bar is in the direction of setup, it will be part of setup.
Vivek
Setup stays (coz minimum requirement of 9 is satisfied), its length is uptill bar 11.
In your hypothetical situation, if gap bar is in the direction of setup, it will be part of setup.
Vivek
2. I am currently preparing a 'matrix' with all the possible combinations that market can throw at us. 'Matrix' also contains 'action' column which basically tells, what should trader do in the given scenario. Please allow me some time, i am more than half done, there are only few doubts that i have (one of them u clarified today morning), once i am all clear from my side i will post that 'matrix'. Seniors are welcome to point out any mistakes in the matrix.