The largest swing in a major reaction or impulse leg to be broken. It shows a Change In Behavior (CIB)
Use: This LSB becomes our first projection for the next swing in the other direction.
Notes:
- You can experiment with using any minor swing as an LSB, even an outside bar to show the change in behavior.
- For the impulse leg consider using the largest swing above the high or below the low as an LSB.
- If it’s not clear, don’t force it, wait for price to show you clarity