Learing Action/Reaction Methods.
With reference to my previous post on this subject some mates have shown interest in leaning and waned to make it more clearer so I have prepared another chart with 2 Action/Reaction Set. One has captured the top beautifully and another one is in action so we can observe the outcome in coming days. Any Queries/Question are welcomed. The steps required
1. Draw a line passing thru minimum 3 pivots(if passing thru Gap it works better)
2. clone the line and paste in on last high/low(Action Line).
3. Copy the line and paste in equidistant to the Action Line. Andrews has observed that prices are likely to stop or reverse at Reaction Line.
1. Draw a line passing thru minimum 3 pivots(if passing thru Gap it works better)
2. clone the line and paste in on last high/low(Action Line).
3. Copy the line and paste in equidistant to the Action Line. Andrews has observed that prices are likely to stop or reverse at Reaction Line.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.