Attaching the lines to the closes of the bars.
This is a technique Allen Andrews was teaching when using the Mini-Medianlines. But I find that specially in the longterm Charts, there's often value in this style.
Dow is now at a decision Point at the Centerline.
From here, up or down is possible. But from the past stats we know that there's a good possibility that we turn south from here.
Let's find out and observe.
This is a technique Allen Andrews was teaching when using the Mini-Medianlines. But I find that specially in the longterm Charts, there's often value in this style.
Dow is now at a decision Point at the Centerline.
From here, up or down is possible. But from the past stats we know that there's a good possibility that we turn south from here.
Let's find out and observe.
Note
As we see, the L-MLH is decisively broken.If you're not in on the dayli yet, you better wait for a pullback. Never ever chase a stock.
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🔱 WHY FOLLOW & BOOST ME? 🔱
👉 Your greatest BENEFIT: learn to make money
👉 My GIFT to you: earn while learning
👉 Your best INSIGHT: wins & losses go hand in hand
✅ Follow & boost me, share my channels & try to teach me something new too 🙏
👉 Your greatest BENEFIT: learn to make money
👉 My GIFT to you: earn while learning
👉 Your best INSIGHT: wins & losses go hand in hand
✅ Follow & boost me, share my channels & try to teach me something new too 🙏
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.