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How To Read Channels
- Thread starter elovemer
- Start date
...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)
...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)
Quote from elovemer:
... waiting for point 3 on possible swing turn
Quote from inks2002:
would also really like an explanation of this pattern as I have heard it mentioned my elo... [/QUOTE http://www.elitetrader.com/vb/showthread.php?s=&threadid=101387&perpage=6&pagenumber=1446