How To Read Channels

the big channel
............
.............
...............

 

center line holding so far

 

if that centerline breaks... look out

 

Using log. That mid-line is gonna be key. Very long-term.

 

Zoomed in..... w/ 25% and 75% lines

 

... waiting for point 3 on possible swing turn

 

Which chart are you referring to?

 

...once we get point 3 .... a return to centerline 30m chart...

...represents wave 2 ... and the best possible entry (after the turn)


and as long as that centerline holds on the big channel, the upside target is unlimited (upper wall of channel)

 

.........
..........
........