DislikedThe charts hereunder show that with 3 Enveloppes of 32, 128 and 256 Time Units (whatever Time unit you use from 1 minute to 1 month, quarter etc) you can describe the fluctuation of a financial support. using such charts you can get many useful informations The aim of an Enveloppe is to show the Contact Points (the touching or Crossing) of the price movement with the Enveloppe Borders. These Contact Points allow you to draw Valid Trend Lines of the same Degree / Order. The depth of each Enveloppe shows you the maximum move you can statistically...Ignored
- lower low of 32-enveloppe connecting to lower low of:
* 32
*or 128
*or 256?
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