$SPX - Chart Link - it played out, but
showing as an example, you had a symmetry break in the morning,
which resulted in a higher low. Yes it's a 1 min chart, but
symmetry is fractal in nature, works on all time frames, whether
you are a fast day trader or swing trader
adding the 1 min chart again - I added Fibs. After a
symmetry break, I typically look for a retracement to buy. If
price pulls back to the 61.8 Fib like it did here after the
symmetry break, I find those work out close to 100% of the time
SPX 1 min symmetry example
Posted by matt on 22nd of Feb 2018 at 10:34 am
$SPX - Chart Link - it played out, but showing as an example, you had a symmetry break in the morning, which resulted in a higher low. Yes it's a 1 min chart, but symmetry is fractal in nature, works on all time frames, whether you are a fast day trader or swing trader
Update: SPX 1 min symmetry example
Posted by matt on 22nd of Feb 2018 at 11:11 am
$SPX - Chart Link -follow up
adding the 1 min chart
Posted by matt on 22nd of Feb 2018 at 11:15 am
adding the 1 min chart again - I added Fibs. After a symmetry break, I typically look for a retracement to buy. If price pulls back to the 61.8 Fib like it did here after the symmetry break, I find those work out close to 100% of the time
again this is an educational post
Good point.
Posted by frtaylor on 22nd of Feb 2018 at 10:38 am
Good point.