"Coiled" keeps cropping up, I've heard the term used before but never considered using it with my TA.
A tightly wound spring is another way of describing price that's wound up and ready to let go.
I can't sleep so I thought I'd add it to the daily plot and see what happens, who knows I may have discovered another indicator, all tongue in cheek of course.
Cheers
Fid
IMO DYOR
