What is the definition of a "V":

A "V" is a 100% retracement on its given time frame

if you see a tweezer formation on a time frame it is a "V" on the lower time frame

the left and right side of a "V" should be somewhat congruent in time passed

= an action reaction needs to be implied

"V's" are washouts making previous leg trading winners into losers

it is important that a "V" is within 90-110% retracement of the entire previous leg and not just a part of a previous leg, which would be just a regular retracement and implies a regular continuation possibility for the previous leg traders

"V's" are time frame specific