Assumption: This grid has been constructed with the assumption that the P5 is in, so a breach of P5 may invalidate the grid.
I will be watching the vertical lines 1-16 as the market retraces from the probable P5 area. Not every vertical will produce a turn, but where the verticals cross the horizontals as well as the interaction within the pitchfork set may produce a trade opportunity and/or provide an exit.
I will attempt to link these charts together as chart unfolds
Sincerely
TIK
Comments
Timing_is_key
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PLEASE NOTE:
FOR SOME REASON THERE IS INCOMPLETE DATA ON THIS SNAPSHOT...PLEASE CHECK FOR YOURSELF THERE IS DEFINATELY BARS MISSING FROM THIS DATA FILE. CONSEQUENTLY ALL MY TIMING LINES ARE NOT LINING UP CORRECTLY. I WILL FOLLOW UP WITH TRADINGVIEW SUPPORT.
THANKS.
TIK
FOR SOME REASON THERE IS INCOMPLETE DATA ON THIS SNAPSHOT...PLEASE CHECK FOR YOURSELF THERE IS DEFINATELY BARS MISSING FROM THIS DATA FILE. CONSEQUENTLY ALL MY TIMING LINES ARE NOT LINING UP CORRECTLY. I WILL FOLLOW UP WITH TRADINGVIEW SUPPORT.
THANKS.
TIK