Monday 29 November 2010

€$...the power of the reaction-lines-see in the dark











In the chart below ---after a new pivot is formed price must retrace towards the new forks CL ( using the most recent P0- In this case it is caught/supported on the dashed red warning line
( from a fork in a higher time frame but aligned on the most important controlling/ correcting swing ( ie against the prevailing trend)

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