look at the chart below. Its 4hrs chart of eur/usd.
Median line trading rule:
Median line: It is multi pivot line,
how to draw median line:
two high or low swing point, point between high and low, and a third point from where the price started to swing. see the picture.
Median line theory:
Median line trading rule:
Median line: It is multi pivot line,
how to draw median line:
two high or low swing point, point between high and low, and a third point from where the price started to swing. see the picture.
Median line theory:
- 80% of the trading time price moves towards the median line.
- Price makes several swing before leaving median line,
- if price fails to reach the median line it moves opposite dirrection more than previous swing.
- All the rule are explained in figure
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