In the chart there are 2 Median Lines, 1 Fan (Dr . Alan H. Andrews style) a trendline - and... a smiling dog 'cause it's Fun!
Now the Median Line per 1.2.3. been shared for the first time here
The Upper Parallel Median line test is where the Blu arrow is and it shows a dynamic resistance level that worked pretty well.
Here is another update of the same...
"If price reaches "a" ML, it will either gap (trade) through it, or bounce and trades back from where it came."
ML = Medianline. This can be the U-MLH (Upper-Medianline-Parallel) or the L-MLH (Lower-Medianline-Parallel) or the CL Centerline.
Knowing the Framework of the pitchforks holds definitely $alue §8-)
#learntoearn
