According to the Rules of the Medianlines (Pitchforks), there is a high potential of a reaction from the Warning Lines (here WL1).
On strong Trends, price will trade through it and down the the ML (Medianline).
Be prepared for both scenarios.
On strong Trends, price will trade through it and down the the ML (Medianline).
Be prepared for both scenarios.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.