throw in another ole school thing or two and you get a lot of good clues
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Disliked{quote} Or maybe they are part of the reasons your zones are formed ,,, they give a lot of good clues and areas to work if you know what you are looking at ,,,,, your zones are previous high and lows and shoulder areas ,,always a chess match between buyers and sellers {image}Ignored
Disliked{quote} Maybe they are, i just believe in what the price is doing. I would say the price is the reason all the other patterns form. But it is interesting always looking at the charts so much to always learn and talk about it for sure. {image}Ignored
DislikedThen just for a little good natured humor,,, the m and w patterns mentioned ,, they work but it takes a bit of a combination of things to pick them out ,, thats all these mkts do ,, up and down and back and forth in those patterns,,, previous highs previous lows and most points in between lol {image}Ignored
Disliked{quote} Yes, the M and W that form but are not at previous accumulation levels are 50/50, maybe worse. Has to be at good accumulation or reaction level for me or I do not take the trade.Ignored