The Strat YM/DJI Broadening formations on Daily/Hourly
Still learning the strat from Rob Smith- check it out on T3 for a new way to look at price action.
Outside bars creating broadening triangles on the hourly and daily, as defined by the strat. Exhaustion at the top and back into the range. Below 25007 puts it into the daily outside bar range for journey down to below 24122.
Timeframe continuity up on the Monthly and weekly, price dropping below 25142 and 24818 would put them into sync for move down.
Can't help adding the pivots in! Monthly, weekly and daily pivot all aligned within a few points of each other at todays high 25400, the top of the broadening formation- what a coincidence.
Outside bars creating broadening triangles on the hourly and daily, as defined by the strat. Exhaustion at the top and back into the range. Below 25007 puts it into the daily outside bar range for journey down to below 24122.
Timeframe continuity up on the Monthly and weekly, price dropping below 25142 and 24818 would put them into sync for move down.
Can't help adding the pivots in! Monthly, weekly and daily pivot all aligned within a few points of each other at todays high 25400, the top of the broadening formation- what a coincidence.