You can see what is of Nine here:
developed of Nine for many purposes:
- Forecasting level.
- Forecasting the day happening breakout.
indeed was a genius in . Besides of Nine, we also know about , retracement, , but I appreciate of Nine; it is the foundation of my TA style.
In TradingView, I cannot upload image so I cannot show how of Nine works.
I send a link showing what is of Nine, you can Google for more detail and image.
In of Nine, numbers or cells fall on the diagonal cross and cardinal cross provide levels.
I divide the numbers on the diagonal cross and cardinal cross for 100, 1000, 10000 to get exact level I want.
The cells I divide for 100 shape long term level. I show on the chart the black lines
the cells I divide for 1000 shape medium term level. I show on the chart the red lines.
And the cells I divide for 10000 shape short term level, I show on the chart the blue lines.
Intraday traders can use short term level for trading. It's very useful. the price respect those levels greatly.
Some people told me that, using TA methods, when it's true, it's very true, when it's wrong, it's very wrong. However, I nearly correct all limits and restricts of methods, now it's always true in any case. Understand the LAW of VIBRANT, understand laws of nature, you can trade forex easily. All objects in universe, you see it moves chaotically, but indeed, it moves in order, your job is to determine the order, the law shaping the move of that object. You see price moves chaotically, indeed it moves orderly.
Indeed, this discovery I show in this article,I develop by myself, I develop from what did.
Coincidentally, of Nine levels also coincide Fibonacci levels and level. A perfect match.
"The cells I divide for 100 shape long term support and resistance level. I show on the chart the black lines , the cells I divide for 1000 shape medium term support and resistance level. I show on the chart the red lines. And the cells I divide for 10000 shape short term support and resistance level, I show on the chart the blue lines. "
which price is your refrence?
E.g in Top chart, you indicate "1.330000" by black lines . Why 1.330000 ?