Finding the decision zone. Follow or fail #2

14 thg 7, 2021

This is just a latest version of

As you can see, we are back where we started.
Same follow/fail pattern keeps repeating over and over again. Selecting the latest low or high and plotting the lines on both chart - its that simple. It's a good and simple way to confirm other signals

14 thg 7, 2021

Ghi chú

So, here we go.

Pay attention to the white box (2 level) on both charts

14 thg 7, 2021

Ghi chú

Lets zoom in. 4 h charts are slow :) so, here is 1h

the red fat line

15 thg 7, 2021

Ghi chú

BTC failed and the rest followed. (Fat pink line)

It's highly probable that the S will be tested. Same story - if one bounces, will it take the rest or if one fails and drags down the rest.

16 thg 7, 2021

Ghi chú

Here is the update. S failed.