Very High probability with the 42 value. This value holds a great deal of power with this consolidation algorithm. 90%+ accuracy and as the timeframes goes higher the odds go higher as well.
Meaning that when we look at higher time frames such as weekly its pretty much a guarantee that price will hit the pivot points. However with anything, time is only the determining factor on when price hits these points. So this is a flag of caution, to the wind.
So without further a due, consolidation brings with it high levels of accuracy.
https://www.forexfactory.com/showthr...9#post11954889
Meaning that when we look at higher time frames such as weekly its pretty much a guarantee that price will hit the pivot points. However with anything, time is only the determining factor on when price hits these points. So this is a flag of caution, to the wind.
So without further a due, consolidation brings with it high levels of accuracy.
https://www.forexfactory.com/showthr...9#post11954889
Learn, a forex trader must, unlearn and relearn he will.
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