"Point A on the chart is placed just below a horizontal line showing a congestion area. Prices were supporting at or near that line.

"Point B on the chart shows a gap down out of the congestion area. Prices moved down to point C, and then corrected on the following day, marked E. The failure to make a new low on day E created a Ross hook at point C.

"Since point D was the high of the previous correction, I would have chosen that as the highest high for my trend line.

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