This pic shows the different Swap Modes. It also shows what I mean by a 127% expansion of a previous swing (note that I'm using the M15 chart). Note how the 127% expansion was pushed through, violating the Perimeter Swap Mode.
Either price will return back to the Lower limit of the horizontal range-bound price action, or it will reflect underneath the current 127% downward to continue the move away from the original V-Trigger Line.
http://www.freeimagehosting.net/t/ce8d5.jpg
Either price will return back to the Lower limit of the horizontal range-bound price action, or it will reflect underneath the current 127% downward to continue the move away from the original V-Trigger Line.
http://www.freeimagehosting.net/t/ce8d5.jpg
Y = MX + B. The most important price level of all.