İn this Education I want to talk about Triple Combinations Channeling component...
In this possible example If this is indeed a triple combination that starts with zigzag price has to respect some channeling rules...
first you should connect the 2 b waves and extend the trendline so the future price action can give you the 3rd b wave... 3rd b has to be on the same trendline...
Other channel is a-a this trendline has to be respected by the price action to by touching it min. 1 more time other than the 2 a waves
In this possible example If this is indeed a triple combination that starts with zigzag price has to respect some channeling rules...
first you should connect the 2 b waves and extend the trendline so the future price action can give you the 3rd b wave... 3rd b has to be on the same trendline...
Other channel is a-a this trendline has to be respected by the price action to by touching it min. 1 more time other than the 2 a waves
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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.