generally speaking.... ... this is the most important type of signal i have ever encountered... .... especially when it occurs at the bottom of a large channel in which it has been travelling down for a long time... ... even better... since ... nobody uses channels !!!
I see something more like this....I like using the two highlighted red dots as a starting point for a new trend/channel that broke the original trend.
would u welcome stock channels on this thread too? why do you add a median line on your channels? thanks
... i trade ES ... so i would prefer that... ... but hell you are the only one willing to contribute to the thread ... so .... sure go ahead.... .... what do you mean by median line ? ... you mean the 50% line ? ... if you mean the 50% line..... it's there because it provides me with the best signal in the world..... .... 123 and failure to cross it..... ... go back and check out every turn... on a swing time frame.... .... and you will see this pattern