Hi Everybody,
Before you read this post, please cast your eyes down and read the post below. There I show that “ideally” the 15min YM should continue up into the DP (off the prior Wave 4 high), which I had on my Chart yesterday, well, guess what ? This is exactly what unfolded yesterday !!
As you can see form the chart today, the YM rallied up into the DP then made a high before declining sharply. In other words, it unfolded exactly as I was anticipating in my post yesterday, i.e. reaching the DP level, a level that was on the chart a whole day “in advance”. This is the power of the MTP levels and show how important it is to keep a good eye on them in your own trading............
Thanks
Steve
Before you read this post, please cast your eyes down and read the post below. There I show that “ideally” the 15min YM should continue up into the DP (off the prior Wave 4 high), which I had on my Chart yesterday, well, guess what ? This is exactly what unfolded yesterday !!
As you can see form the chart today, the YM rallied up into the DP then made a high before declining sharply. In other words, it unfolded exactly as I was anticipating in my post yesterday, i.e. reaching the DP level, a level that was on the chart a whole day “in advance”. This is the power of the MTP levels and show how important it is to keep a good eye on them in your own trading............
Thanks
Steve
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