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In using zig for support resistance, the first line is not stable but
the second line back is stable, is this a correct assumption.
example:
p2 p1
- -
- - - p
- - - -
- - - -
- -
t2 t1
current peak or "p" is not stable???
peak(close,1,1) or p1 is stable
peak(close,1,2) or p2 is stable
trough(close,1,1) or t1 is stable???
trough(close,1,2) or t2 is stable
Would these assumptions be correct?
Thanks
wdbaker
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