Today my idea is based in Action/Reaction theory applied to a Zone containing significant levels. Depending on market direction on this short time frame, should the market reach any of these levels within the triangle we should see a change In trend. If the market reaches the horizontal levels and ALSO co-insides with the apposing REACTION angles of the triangle this is a stronger point signalling a change in trend in the direction of the arrows.
NOTE: The apposing reaction angles of the LARGE triangle is based on the smaller multi-pivot triangle preceding it.
Let's see the REACTIONS!
Comments
Timing_is_key
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Hey Guys, Strong moves in both directions see the attached chart for the analysis.
Thanks again,
TIK