Of course, those time/price square lines are not made of granite, so they can be broke, but if they do get broken, then it's definitely a meaningful event for the near term... a broken time/price square line, up or down, is reliable enough to use for trading, along with the usual cautions and warnings... this is not a part on my main model, but I do like to tinker with these lines to give me a snap shot impression of just where the market price is at any moment in time... when looking at these charts, as always, time is as real and as important as price, although most everyone looks only at price... time and price, you can't have one without the other, just like time and space, they're inseparable... space is measured in distance, and in this case, the unit of distance is price...
GZ |
