DislikedLike you, I have noticed that there are other significant S/Rs such as weekly or monthly fibs which Abuawad's analysis ignores, and where price may have significant pauses. That nothwithstanding, what is amazing about Abuawad's lines is that price "invariably and inevitably" (is anything perfect?) seems to achieve that particular value or further, though it may have to do so in more than one attempt.
After reading and rereading his PDF, I am no closer to being able to generate the table as Abuawad's posts daily. Let's all hope he doesn't get hit by a bus, or simply tires of sharing. If u have any thoughts on this, speak out!Ignored
Abuawad.. how do you differentiate your target S and R's from a host of other ones from the monthly on down to the 4hour which appear to be significant??[/quote]
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