The dash line is a (3) to measure back to the top close for (A) distances as a CL to measure ahead to another parallel that is the (R) line where prices make a top. This alteration of the principle “Action & Reaction are equal and opposite” provides signals for additional Ps that are sometimes missed when we confine our lines to those Ps that are opposite.
The other two (3) lines use the opposite principle: The top (3) has no A nor R lines so that you can practice drawing them and see the profits you can be making after your paper trading shows you that you have mastered this. |
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