remember this chart form yesterday? There are only 2 forks in total but below is a study/template in the daily TF and displayed here in the 240 min with 18 various forks (Andrews /blue, Schiff/thin black, FNL & G-Spot in thin green).All lines drawn by custom indicator.
Showing posts with label Reaction Lines... Building up a picture of price structure.. Show all posts
Showing posts with label Reaction Lines... Building up a picture of price structure.. Show all posts
Thursday, 31 May 2012
Friday, 11 May 2012
GBPUSD
Cable could tip off the edge here.
Now below we add another fork with RL's ( red)
and here's the working template below (with indicators removed for clarity) with other forks and reaction lines added and giving a composite picture of the main reaction and median lines in the higher time frames.
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