An anomaly is a single price or price area that lacks symmetry, which creates an unusual shape in the profile. Anomalies represent structural weakness, and they’re created through the usual combination of time and price. Rogue TPO’s that are sitting at the far right and also small areas where the TPO’s are perfectly lined up for multiple prices creating a flat right edge can all be anomalies. Carry them forward as weak structure, nothing more.
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Last Updated: Friday, November 22, 2024