Sunday, 2 August 2015

Ranges & DP's - Another Example

Here is another example demonstrating the ranges (color coded) and DP's (in violet).  Price action involves date 27, 28 and 29 July 2015.

Rang B is stacked below Range A and Range C is below Range B.  Range D and Range E are range envelopes, overlaps.


There always be ranges forming.  What we need to do is to identify them correctly in live market and correlate them with the DP's.

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