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Strategies & Market Trends : Volatile Times and Short Term Position Trading 3x ETFs. -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (973)	7/10/2020 3:52:25 PM
From: Doug R	Read Replies (1) \| Respond to of 4366

That central EP marker (green vertical) nailed a sweet spot on trend lines and a horizontal. It's going to convert to orange considering that; a.) it's a trend line intersection b.) it could stand on it's own as a decision line without a pre-existing pulse horizontal. c.) it's directly below the zone of density, which in itself is a significant zone and thus would require a supply/demand type of decision process to move through. d.) price activity after the last candle contacted it. Reaching down from above the uptrend line and moving back over the uptrend. Then the next candle used the uptrend for support. A decision was made. e.) the day started at a decision line, ending with a decision, all with a certain symmetry.