When the price ranged in the past for more than a month, a new directional move happened.
This is also called a "LINE" in the Dow Theory.
This is also called a "LINE" in the Dow Theory.
Note
See an expansion of this chart below in the comments or here
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🏆 There is only #1 way to trading
🧪 Feel confident with science and logic
💰 Trade your way to success and freedom
🧪 Feel confident with science and logic
💰 Trade your way to success and freedom
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.