Description
⋅ Hello Traders!
I am just looking into other models that I view to be valuable.
Larry William Smash Day Models are excellent in my opinion.
Larry said the models are great at finding turning points in the market.
Here we can see how the market looks to be breaking out below a swing low.
However, the price turns around and runs the high of the candle that paints the idea of a breakout lower.
That is the smash day candle!
Price will often show the willingness to trend for "X" amount of days.
This is a model I will get familiar with and incorporate into my swing trading.