Since my last video post, price banged it's head precisely at the L-MLH and fell back to the virtual Centerline (red-dotted).
This is no surprise, because more often then not, we see test/retest after one of the Fork's lines are broken.
At this time, price has a good chance to turn trend, since it's stretched and most of the longs have puked out the last dime.
No hurries here.
Let's let price crawl above the L-MLH and decide from there.
P!
This is no surprise, because more often then not, we see test/retest after one of the Fork's lines are broken.
At this time, price has a good chance to turn trend, since it's stretched and most of the longs have puked out the last dime.
No hurries here.
Let's let price crawl above the L-MLH and decide from there.
P!
Note
Nice bounce at the Centerline.Just observe it further...
Note
BOOM! - Target reached.Another prove for you how the ForkTrading method works §8-)
So, you where able to follow me on this a couple months now.
How does it feel to see step by step, how money is sucked out of the market by using the Forks as trading tool?
As I always say, this is REAL and you can prove it here on TradingView and on my website too of course.
Get your free ForkTrading BLUEPRINT - It's your ticket to learn to earn...
Peace!
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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.
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.