DislikedActually the same thing. Notice on your chart the M5 and M15 are in an oversold position with the price in an oversold position. What is going to happen in the immediate is that M5 will rise first and much quicker than M15. In this case, we would wait for the M15/M30 crossover and enter when M5 is in the overbought territory.
If M1 was in your picture, we'd wait for M5/M15 to crossover and M1 to be in the overbought area to enter.
The net result is that M5,M15 and M30 would rise as diagramedby the balls.
If we had a Price Line, Origin Line....we'd...Ignored
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