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Purple Wedge Update (center line shifted)


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#1 iloli way

iloli way

    iloli = I'm Laws Of Line's I(eye)

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Posted 27 September 2013 - 03:54 AM

Center Purple line shifted again by Price, shaping up a Parallel Bull flag.

Look where is the bull flag's lower TL?

Answer: the RED trend lower TL, aka the Monday Yellow short's target.

Took top Red line off for now for clarity, can always add back when comes into play later

This "thread" if turning into one later, is an update of this thread: http://www.traders-t...howtopic=150009, which has link of previous thread in it too.

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PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton

#2 iloli way

iloli way

    iloli = I'm Laws Of Line's I(eye)

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Posted 27 September 2013 - 09:51 AM

Have a good weekend !!! :lol:

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PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton