Euro/Usd 60 with 2 forks and their Sliding Parallels
Today I have an interesting idea discussing how the the Sliding Parallel can be used as both a tradeable device as well as a n early warning device if it's been breached - also tradeable see break & test on 1st Upward Fork ). I also took a trade on the 4th retest of the downward fork 4th retest of the Sliding Parallel.....I love these things!
I have also included Targets when price failure confirms & I also show "When" I confirmed it:)
Sincerely TIK
PS: I urge anyone looking at this idea to draw up the same forks on their charts and convert them to Modified Schiff ML's and see how and where they meet at the ML and get rejected. A good exercise in Forks.
I have also included Targets when price failure confirms & I also show "When" I confirmed it:)
Sincerely TIK
PS: I urge anyone looking at this idea to draw up the same forks on their charts and convert them to Modified Schiff ML's and see how and where they meet at the ML and get rejected. A good exercise in Forks.