using our symmetry indicator, that pullback earlier broke intra
day symmetry (for today only remember this is a 3 min chart).
So either we get a lower high up here or the lower high could
have already occurred down there after the bounce off the lows
(remember a symmetry break does not always mean you take out the
highs or lows, it can simply result in a pause). However
price is pulling back now from the R1 pivot
Posted by frtaylor on 12th of Apr 2018 at 03:11 pm
On this 15 min chart, the intraday low of your symmetry break
pullback coincides with an uptrend line (pink box). Breaking those
could be a good short term short trigger. (Not me, I have an
IRA.)
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SPX 3 min symmetry
Posted by matt on 12th of Apr 2018 at 02:38 pm
using our symmetry indicator, that pullback earlier broke intra day symmetry (for today only remember this is a 3 min chart). So either we get a lower high up here or the lower high could have already occurred down there after the bounce off the lows (remember a symmetry break does not always mean you take out the highs or lows, it can simply result in a pause). However price is pulling back now from the R1 pivot
On this 15 min chart,
Posted by frtaylor on 12th of Apr 2018 at 03:11 pm
On this 15 min chart, the intraday low of your symmetry break pullback coincides with an uptrend line (pink box). Breaking those could be a good short term short trigger. (Not me, I have an IRA.)