Let's see if dhe AUD$ will hit his head on the TrendBarrier Wall, to tumble back to the Centerline... P! Give it a try, it's free: mytradingcoach.teachable.com
The last move, we where able to catch from the upsloping centerline, down to the red centerline. From what i see, i know it's very possible that price shoots down again, just to trade up much more then from where it came. In this case, my target would be the U-MLH of the downsloper. Let's see if price comes down and stick in the zone. P! Free Basic Fork...
Not much to say and do... Let's see if the old big support zone is valid. A real change in Flow occures when price leave the red downsloping Fork. P! Want know the rules of the Forks? Here we go - it's 100% free: mytradingcoach.teachable.com
What can a trader count on? As far as i know: FACTS and HIGH CHANCES from one statistics. If we filter all the noise and mark out the facts, then we have what's really going on in a chart. So, what facts do we have in the USDWTI Chart? 1. a mesure of the big up- swing, copied to where i see, price has changed direction. 2. price left the orange down Fork at the...
Looking to sell when we get at break of the trend line in the RSI
The legacy of Newton, Babson and Andrews - Action/Reaction . >>> Price is going back to center over 80% of time. <<< And here we have it again, and again, and again.... Many Traders looking for the quick & easy money. Trading with Action/Reaction and the Forks can be easy too. But first one has to learn how to apply these tools to the markets. That's why i...
...probably down again. If price is not able to cross the Centerline again, then there's a high chance that price makes it to the L-MLH. P! FREE for you: mytradingcoach.teachable.com
Looks like the Bus has left - well, let's see if he arrives at the station ;-) P! If you like A/R & Forks, her's your free course: mytradingcoach.teachable.com
I can see it drop. The resistance is really remarkable. Trade save - important news ahed! P! Your Freebe: mytradingcoach.teachable.com
If price can't make it to the Energy Point or CL, then we have a longer party to the south i think. In my prev. NASDAQ post from yesterday i told, that it's "ova". Time will tell. P! Like the Action/Reaction? Her's a gift for you: mytradingcoach.teachable.com
Relax, sit back in you chear and just let the chart go into your Trader Brain. Enroll your free course : Action/Reaction & Forks Basics mytradingcoach.teachable.com
Now that price has close outside the U-MLH, we also have a additional little confirmation with the MACD, for thoes who give credit to the Oscilators. The stop behind the structure and the lower extreme gives me no headache. Here's your free Action/Reaction & Fork Mini-Course, enjoy: mytradingcoach.teachable.com
As far as i know, price is going to the Centerline over 80% of time. And price reached its max. with overshoot at the U-MLH. Let's see how physics unfold... ...oh btw. - some call the pattern that was built since 2016-02-10 a H&S ;-) P! Give your learning curve a try - it's free: mytradingcoach.teachable.com
The massive overall DT say's, it's not over. Then we have the nice Pullback. up to the Centerline, where price usually runs out of fuel. Expecting a further decline down to the L-MLH. P! Like to learn? mytradingcoach.teachable.com
Last week we had ECB decision about int. rat. to zero, what caused the flash down to the A/R line to the tick. Now, the Action is over and the reaction can follow. Price landed in the Buyers Zone again, which was first washed out by the Sine-Wave move down to equilibrium. Then we see the normal "Bubble-Up" (the reaction from priors action) up to the CL, which...
Action Reaction lines drawn from a 1-4 line
From extremes to center - in any context. 1) Price is at lower extreme of the black, big fork 2) ...runs back to centerline of the black fork 3) and comes back to another center, the small red upsloping forks one. It's just another context. Will it rest there? Dunno...nobody knows. But if you observe, make your one stats and can beleieve in them, then you know...
I have seen this many times. Check this out >>>