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.