In the case of selling/buying when the market has topped/bottomed on an outside day, I will simply add that day’s range to the high of the outside day for my upside target. Subtract it from the low of the outside day for my downside target.


This one you have already learned. It's quite easy. If the market bottoms/tops on an outside day, we simply add the range of that day to the high of the day, and there is our target. Subtract this range from the low for a downside target.


Не могу понять.Он имел ввиду брать диапазон дня до внешнего дня или после внешнего дня? (И добавлять его к максимуму или минимуму внешнего дня для определения цели тут все понятно.)