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Horizontal Lines

Horizontal Lines.

clinton-fletcher
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Horizontal Lines

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  1. Horizontal Lines All markets must consolidate and compress and build the strength to explode out into the next trading Area inside its Internal Octave 8/8ths, but they must earn the right to push up into the next Area and out of the Consolidation area Many markets reverse the 1st time they close up on the 3/8th Line which is the Ceiling of this Area (and the bottom of the next higher Trading Area inside its 8/8ths) Lower Trading Range: 3/8th Pivot Reverse line: 2/8th Consolidation Trading Area Fast Reverse line: 1/8th Baseline: 0/8th

  2. Horizontal Lines Hardest line to break above or below (coming down). Major Reversal line inside Internal Trading Octave. Lower Trading Range: 3/8th Pivot Reverse line: 2/8th Consolidation Trading Area Fast Reverse line: 1/8th Baseline: 0/8th

  3. Top of Octave: 8/8ths Fast Reverse line: 7/8th Premium Trading Area: Traders will come in and pay any price for a position. Pivot Reverse line: 6/8th Upper Trading Range: 5/8th Major Reversal line inside Internal Trading Octave: 4/8th 43.3/4% of the time wants to trade inside here. Normal Trading Area Lower Trading Range: 3/8th Pivot Reverse line: 2/8th Consolidation Trading Area Fast Reverse line: 1/8th Baseline: 0/8th

  4. All markets must close 4 cents below -2/8ths for the software or our trading strategy to move lower into the next Octave, -2/8th -1/8th Weak Over sold Condition All markets must close 4 cents above +2/8ths for the software or our trading strategy to move higher into the next Octave, +2/8th above Octave +1/8th above Octave, Weak Over bought Condition Thus, we now see that inside every Internal Octave there are three distinct Trading Areas: 1) lower Area of stable price movements trying to break above 3/8th. then it, after it breaks above 3/8th it wants to reverse more often inside its Normal Trading Range, then after it closes above 5/8th it breaks out and up into its Premium Area where all of the "Confirmation Traders" and "Late to the Dance Traders" and the "Buy High Traders"

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