Andrews price failure rule in action
Hello all,
Noticed this setup on the forks based on the Andrews price failure rule.....Looks interesting . A few other things going on will update later. Lets see
Noticed this setup on the forks based on the Andrews price failure rule.....Looks interesting . A few other things going on will update later. Lets see
Note
Entry execution on pointGot a small bounce on the 15 min....
Tight stop activated for a loss
Observations:.. Being very close to an inflection point is important.
Power to all
RB
Note
Although I was a bit early on this entry...Andrews price failure ( Failure to reach median line of downward fork ) plays out as expected and a complete reversal and beyond of the previous high 129.779...Follow the arrows. Cheers RB
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.