Strong move up on Friday and it’s continuing this morning. However, all 3 scenario’s are still on the table and I really don’t think we eliminate scenario two until we get above the rising red trendline of resistance. That’s around 3850 today, so if they can say run to 3900 and pullback to 3850 the odds increase a lot that we are going for the FP on IWM.
But currently the market hasn’t even got…
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How To Improve Elliott Wave Correction Trading Using Trend Lines Learn how to use trend lines to quickly improve the Elliott wave correction trading after the motive is completed. Begin to use trend lines to boost your Elliott wave strategies for free today. Get started. http://24elliottwaves.com/
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Trendline zigzag in qualitative channel - indicator MetaTrader 5
This indicator is as an evolution of the classic Donchian channel.
Pivots are identified using a zigzag structure and graphical markers, with the pivots derived entirely from the behaviour of the channel. A pivot is triggered when the channel flattens, forming a connector point for the next zigzag leg. To avoid weak or insignificant pivots, a depth parameter is used to confirm the channel’s…
