This is just a latest version of
Same follow/fail pattern keeps repeating over and over again. Selecting the latest low or high and plotting the lines on both chart - its that simple. It's a good and simple way to confirm other signals
As you can see, we are back where we started. Same follow/fail pattern keeps repeating over and over again. Selecting the latest low or high and plotting the lines on both chart - its that simple. It's a good and simple way to confirm other signals
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So, here we go.
Pay attention to the white box (2 level) on both charts
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Lets zoom in. 4 h charts are slow :) so, here is 1h
the red fat line
the red fat line
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BTC failed and the rest followed. (Fat pink line)
It's highly probable that the S will be tested. Same story - if one bounces, will it take the rest or if one fails and drags down the rest.
It's highly probable that the S will be tested. Same story - if one bounces, will it take the rest or if one fails and drags down the rest.
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Here is the update. S failed.