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Lines are cool, but market structure rules
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NoDakFarmer
Posted 5/21/2015 08:23 (#4583335 - in reply to #4583299)
Subject: RE: Lines are cool, but market structure rules


SE ND
You're welcome.

I was thinking about forks this morning and I didn't realize it till now, but every fork contains at least 1 unconfirmed pivot. The pullback forks often contain two unconfirmed pivots as they are drawn against trend. Forks drawn from pivots in a sideways coil could lack any confirmed pivots As there is a fight between buyers and sellers occurring. I'll need to think on this more, but I thought it was interesting.
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