The rules of action/reaction is my analysis framework.
Applying the rules and using the framework (NOT vice versa) is giving me information, not trades.
By using these information, it helps me putting togheter a puzzle.
If the chart was a dayli, or a even minor TF, i would say that this market is building a upsloping
coil, just to go down the same way as...
Press to death, until everybody is short, but all in a range like, ugly looking pattern.
price at lower extreme of last major, unfinished down swing (grey)
every time price reaches a (false) low (where support is expected & stopps are sitting behind), somebody pushing it just a little below, and then pull the string again. Watch...
major DT intact
blue Centerline allready reached & breached, with a potential shift in frequency
massiv pressing, LH's & LL's
The green SL (Sliding Parallel) could be a supporting line, as PA allready proved bevor.
Nontheless, nothing that indicates a potential turn.
Just watch and observe it.
It's all in place for a new potential turn...
From extreme top to center to extreme low again. And here we are, at the L-MLH (Lower Medianline Parallel).
We had a nice push through the upper ML-H. And so we can expect the same below here (dashed red sliding).
In these higher timeframes we can see very good how price is reacting within a fork, which...
monthly uptrendig intact
natural PB to lower extreme
seems that major pendulum swing has fullfilled its job, since the sinus wave looks completed
also the minor sin. wave completed
orderly former flow to the downside
pressing - major fish in the pond wants cheaper price to fill his bag
create panic - whale create panic to...