The cycle line is constructed by taking the opposite extremes of a cycle. Connecting the previous high to the subsequent low, and vice vera: connecting the previous low to subsequent high.
Parallels are then drawn from the high/low, identifying the cycle channel as demonstrated on the chart.
The ANGLE of the cycle gives you a roadmap into the future as to what type of move one can expect.
The steeper the angle the greater the tendency for a market to rally/decline rapidly.
Wave Cycles for MT4
Parallels are then drawn from the high/low, identifying the cycle channel as demonstrated on the chart.
The ANGLE of the cycle gives you a roadmap into the future as to what type of move one can expect.
The steeper the angle the greater the tendency for a market to rally/decline rapidly.
Wave Cycles for MT4
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.