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Change of Character coming out of a trading range – the largest move (swing) in the direction
of a future trend with the following traits:
1. Largest swing move within a trading range (compared to previous same-directional swings)
2. Occurrence of this move in Phase D
3. Commitment of price above/below current trading range’s resistance/support lines
4. Improvement/Deterioration of Relative Strength leadership
of a future trend with the following traits:
1. Largest swing move within a trading range (compared to previous same-directional swings)
2. Occurrence of this move in Phase D
3. Commitment of price above/below current trading range’s resistance/support lines
4. Improvement/Deterioration of Relative Strength leadership
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