A freebie,
Roots are targets, so if they get broken… go with that direction. But, they are also Roots, so things can grow out from them being the ground for it.
I think it works 🙂
The original idea was to write an article over the weekend that would expand your mind, but that’s a bigger bite, and I needed this tool for it in order to show you what went down on Friday, when a rally that came out of the lower root, pulled back to the green river monster, made an upper root and then broke it… Yet it settled back below.
Weekly roots below…
Monthly…
Look at the rally that grew out of this root:
Oil… I mean USD/CAD is back testing the root right now.
As for TNTsunrise’s GBPJPY recommendation, let’s see…
j2=0;
while (j2<300){
j=j2+4;
while (j<j2+16){
if (RDN[j2]!=EMPTY_VALUE && ODD[j] !=EMPTY_VALUE) break;
j++;}
if (Low[j2]<Low[j]-.001 && ODD[j] !=EMPTY_VALUE) break;
j2++;}
i2=0;
while (i2<300){
i=i2+4;
while (i<i2+16){
if (RUP[i2]!=EMPTY_VALUE && ODU[i] !=EMPTY_VALUE) break;
i++;}
if (High[i2]>High[i]+.001 && ODU[i] !=EMPTY_VALUE) break;
i2++;}
where ODU is overdrive upper (RSI2>80, stoch>80)
ODD is overdrive lower (RSI2<20, stoch<20)
RUP is upper root suspect (RSI2>80, stoch<80)
RDN is lower root suspect (RSI2<20, stoch>20)