If we break above #2 Parallel Resistance we can expect price to move higher in the angle of #1 Bullish Cycle.
Wave Cycles for MT4
The indicator identifies cycles derived from every major high and low and automatically paints them on the chart for you.
The ANGLE of the cycle gives you a roadmap into the future as to what type of move one can expect.
The steeper the angle the greater the tendency for a market to rally/decline rapidly.
Wave Cycles for MT4
The indicator identifies cycles derived from every major high and low and automatically paints them on the chart for you.
The ANGLE of the cycle gives you a roadmap into the future as to what type of move one can expect.
The steeper the angle the greater the tendency for a market to rally/decline rapidly.
