Action/Reaction is the purest form of Fork Trading.
The blue & white lines are taken from the past swings.
As you can see, price reacts at these levels.
Currently there is a high chance that price could hold at the blue reaction line and therefore move its way to the north.
Babson made over $50'000'000 back in the 1900!!
Years ago I thought, this technique could be worth investing some time and money.
These days I'm happy I did.
In fact, I don't trade anymore without the forks and/or A&R, Newtons universal law.
Let's observe, learn and earn §8-)
P!
The blue & white lines are taken from the past swings.
As you can see, price reacts at these levels.
Currently there is a high chance that price could hold at the blue reaction line and therefore move its way to the north.
Babson made over $50'000'000 back in the 1900!!
Years ago I thought, this technique could be worth investing some time and money.
These days I'm happy I did.
In fact, I don't trade anymore without the forks and/or A&R, Newtons universal law.
Let's observe, learn and earn §8-)
P!