How Action/Reaction works

Many weeks ago, I freshly published this chart. I wanted to make a longterm project out of it.

The idea behind this chart is, to show you LIVE how pure Action/Reaction works - and that it's not a mystery, fake or something "balloonie".

Here you have 5! reactions in a relative short period of time. Let's go through them right now:

1 Overshoot and fall back to...

2 ...last magenta A/R line, which provided support.

3 Price drops from prior support down to the next line, but creating, what we at ForkTrading call a confirmed "Hagopian" (you learn about this in my free ForkTrading BLUEPRINT).

4 From 3 price moves up and reacts even three times at the magenta A/R line, bouncing it's head on it, before moving up to the magenta A/R line, just to find resistance and...

5. drops back to the magenta A/R line again where it finds support.

What do you say now?

On my website you find a free subscription to start learning the Basics of ForkTrading, which stems directly from Action/Reaction, but offers much more room for trading then just plain Action/Reaction.

I appreciate you thumb up and would love to have you on board in our ForkTrading Group soon.

P!

Комментарий:

Sooooo...here we are.
What do you think where price will hit next? ;-)

Комментарий:

Here we have a follow up on the A/R model.
Note how price bumped it's head...next stop will be the white A/R line.