- This area is the major support or resistance
- Once broken out or broken down, usually a trend reversal sign
- The normal form is a three waves combination. If more than 3 waves involved to make a new high or low, that means the climax run is coming and the end of the major trend will be in the climax run up/down.
- Another sign of trend reversal is that the new no-trend zone is formed in the opposite trend channel !
Tiger Gao Chart Reading Comments -5
The Importance of the No Trend Fluctuations
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment