Thanks for the charts as always @Patterns.
With a view to better understanding the Market Master Pattern and your depiction of it, can you pls elaborate further on the situation where the orange line (the average price of the Contraction phase?) sits *BELOW* the blue (Alert) line?
When price sits above the orange line, is it not that we should be "selling the rallies" (because the Market Maker is now in selling mode - whether distribution or mark down)? Or is it that the intention of the blue alert line is contained to indicating only a *short term* (hours and days) profit opportunity, say up to the next supply level?
Thanks
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- Day Trader’s Weekend Aftermarket Lounge 21 Aug 2020
Thanks for the charts as always @Patterns.With a view to better...
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