Posted 3/26/2015 09:07 (#4477970 - in reply to #4477897) Subject: RE: Question on validity on fork in SRW
Frytown, Iowa
Without zooming into intraday ticks we can't tell from here. But when the bearish market structure was violated and confirmed with a higher low, then you draw a fork.
It's still easy to lose money if your sloppy... You can see in the center formation there was a possibility to draw a fork that failed... A hagopian line should have been drawn once the bullish market structure was broke...