Cant help it Ten, it's my 50's upbringing mutated into belligerent cranky old man showing through...
Scrat,
If you look at the green fork first, price broke down through the support tine, then gapped past the trigger line which doubles as the pink Median Line. It magically reversed exactly 200% of the distance from the swing top used by both forks to the trigger line.
At the moment it is heading back to 50% of the lower pink channel.
I have marked some swing lows which might prove useful in your trading plan.
best
T91![]()
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- weekend charting march 18-20
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