Blue lines show how the bounce always gives a second opportunity to enter trade after a surge either up or down. The grey box shows the next opportunity.
However, my last post showed a bounce off the Gann Fann 2/1 line which should instigate a reversal. We therefore have to be careful and keep an eye on more than just price. EG: watch the CCI for indications of further drops.
Note
These are notes to myself, open to anyone to read. Its not advice. Feel free to add your own thoughts and comments below.
However, my last post showed a bounce off the Gann Fann 2/1 line which should instigate a reversal. We therefore have to be careful and keep an eye on more than just price. EG: watch the CCI for indications of further drops.
Note
These are notes to myself, open to anyone to read. Its not advice. Feel free to add your own thoughts and comments below.
