Look at that symmetry! Pullback to the scene of the crime, happens more often than not! Dual Forks, Dual Sine wave picking up the market rythm. cracking analysis Mr Forker!
Tr8dingN3rd
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Hey TIK :-)
Yes, it can be wunderful if the world of charts reveal it self to open eyes.
That's exactly why i love what i'm doing. And specially with the framework of action/reaction.
Wish you a sunny day mate.
Timing_is_key
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Direction was spot on! The market was not kind in giving us the Gift entry.....on to the next!, Great analysis!
IvanLabrie
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Sometimes on zoom bars like these I also place a sell stop under the low to be sure I'm in.
Timing_is_key
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Yes, definitely, you just have to adjust for a larger risk profile example: your position size and your good to go....What a collapse when it exited the fork...also notice it never reached the upper channel of the fork.