SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (56351)2/8/2020 1:25:55 AM
From: Doug R  Read Replies (1) | Respond to of 79382
 
The confusing bit about finding lows and highs for target line anchors.
Occasionally there is noise....small range sideways periods punctuated/bisected by a single wide range day (or two), up or down, that result in no change of the general sideways movement.

The 1, 2...1, 2 count proceeds backward on the chart.
BUT identifying lows is accomplished by tracing the forward movement of the price bar/candle ranges.

So for the most recent line seen on IQ that may become the new lower channel line:




To: Doug R who wrote (56351)2/8/2020 4:15:19 AM
From: Doug R  Respond to of 79382
 
And SSRM:


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News