DislikedHi iDoubleStoch, thanks for reviewing my chart I posted. I used the rectangle on a sell, EURUSD M5 chart this morning and it worked out great for 22 pips. It might have helped that the lower line of the rectangle was sitting at the 200 SMA and a round number 1.29200. Anyway, thanks again, you're a great help to me.Ignored
It looks rather "silly" on screen - just a dumb looking parallelogram. But, its simplicity in looks is only the beginning. As I said a long time ago, there is more to B2i than what meets the eye. Continue to play with it and look at its lines in different ways. Try multiple B2i structures on the same chart and multiple B2i structures in different time frames - then notice how price behaves. You will be amazed at how what seems like "random noise" to others, is more well understood by you.
F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices