Simple's Green Room

[pennies2007]

Hey ST, another thing I watch on this TDI setup is how close the blue channel lines are. When they squeeze together in a particular area above or below the 50 line, the next move is usually a pop in the opposite direction.

On the 15 minute EU chart, the blue bands have come together underneath the 50 level while the green and red lines have hit the bottom 32 level.

It's basically a squeeze play. The next move should bust out of the blue channel lines to the top side.