Académique Documents
Professionnel Documents
Culture Documents
The Penetration UP through the HIGH of the INITIAL SWING indicates the beginning of a new Up Trend
HIGH
HIGH
LOW
LOW
The Penetration DOWN through the LOW of the INITIAL SWING indicates the beginning of a new Down Trend
PL MRAL
(Most Recent Active Low)
LOW LL
(Lowest LOW)
MRAH PH
HIGH
LOW
NH NH
PL MRAL AL
(Most Recent Active Low)
NL
PL AL
AL
The UP Trend is potentially Reversing into a DOWN Trend at the Downside Penetration of the MRAL
Simply being able to identify critical Lows in an UPTREND will enable you to stay in a Trend longer and you will know with High Probability at what levels the Market is most likely going to change directions.
AH AH PH
NH
MRAH AH PH NL NL NL LL
PL AL
Simply being able to identify critical Highs in a DOWNTREND will enable you to stay in a Trend longer and you will know with High Probability at what levels the Market is most likely going to change directions.