Timing_is_key

Timing_is_key

Part 2 Continuing with the downward bias we can see an Expanding Pivot ( Or Wedge ) forming around a probable P5 area. This gives us a good clue that we are changing trend to the downside. We have also broken an Up Trend Line and a proven horizontal support & resistance line. I have set some early downward targets & a time pressure vertical line on a shorter...

Timing_is_key

Part 1 Longer Term view of the Pound Dollar points to a trend reversal around a possible P5 area. Once Upper MLH touched good chance of it reaching the ML again. Let's see. In part 2, I will zoom into the P5 area and point out additional supporting ideas. Thanks

Timing_is_key

Hello, Part 2 of this idea below Have a few areas I will be watching for a counter trend long position in and around 2 median lines within a larger median line set. Let's see how this pans out.

Timing_is_key

Part 1 : Direction This is a 60 minute chart of the GBP/NZD pair. It was drawn after the first touch of the median line. The horizontal purple support & resistance line within the median line set gives us directional bias as to market direction. In part two I will zoom in closer and see what the forks are telling me.

Timing_is_key

This Diagram is a continuation of my previous forecast and demonstrates how a simple adjustment based on current market action will provide an amazing amount of forecasting information. Adjustment 1:- By testing the previous 2 remote lows ( I call them P1's short for pivot 1's) on the upward pitchfork I was able to nail the most recent low pivot touching the...

Timing_is_key

Hello all, As can be observed vertical timing lines 2&3 are very close which would imply congestion at this point so no clear entry. Point 4 is interesting as we have 3 other lines converging on the vertical, by taking the line from the top through this point ( Yellow circle ) it meets the baseline at point 4. I will be watching this hour for a few things for...

Timing_is_key

Hello, The Idea is the convergence of specific lines Stage 1 The vertical lines numbered 1-10 represent potential turning point areas ( Analysis for another day ). I will be watching the interaction of 3 types of lines to converge to give me an Orange light to take a trade in either direction. The three lines I am referring to are: 1. An Andrews ML (Median...

Timing_is_key

This Idea uses simple lines and basic market structure to anticipate a high probability long trade using Gann's square of nine target lines ( modified price unit for the hourly chart ) and Andrews median line probability ( 80% chance once final H1 high was broken ). Depending on my schedule and if the first top confirms ie after the 1.65674 Low, I will add some...