|
Question on Price vs. Time validity
Here is a Bearish Butterfly setup that is AB = CD, but in Time and not Price. Does this have any stronger significance in the retracement accuracy or is this only a coincidence? AB = 70 4 Hr candles and CD = 70 4 Hr candles.
Although I have only been checking price equalities, this is the first one I have noticed with time equalities. I will continue to look in the past for previous occurrences as well, now that my curiosity is piqued.
Thx
__________________
Life is, right now, the way it is supposed to be. Even with all the sham and manipulation, there is more peace than war. It's all around if you want to see it.
Last edited by pipsqueak4x; 10-04-2007 at 12:39 PM.
Reason: Make clearer
|