Authorship at the Low: Control and Consequence”
In this instance, you can see it clearly: as the low was anchored and price began to rise(Above), my exit created the red bar — visible consequence. But the mastery here is in how it’s executed. I can exit while still allowing the market to continue higher.
This is off the day’s low, with full cognition that I was setting the morning low. The rise came quickly, I took partial exits, yet the structure retained follow-through. That is the level of control and authorship we have — anchoring the low, capturing the move, and still preserving the market’s capacity to extend (below).
Anchoring the Low here.
Earlier, my rise and subsequent exit carried consequence — it drove the market into a new low. To preserve the integrity of what I’m building, I now owe the market this:
Anchoring the Low here.