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| I should add one more thing. If price never interacts with the other parallels, it is telling you something. In beans for example, price never reached the ML, yet we know that the facts are price HAD an 80% probability of reaching the ML. It did not. The rules state that when price fails to reach the next most probable line - in this case the ML- the price will go at least as far in the opposite direction. So price was too strong to reach the ML. So even when price never interacted with the other parallels, it was speaking to you. Hence as long as the fork is drawn correctly, it's valid and it speaking to you if you will listen.
Take Care | |
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Chart Question From JP's 6/21 post
