was generated 3 times from different price action events.
Generated, not elected.
Yes, but......
QUOTE
Double Reversals materialize a few times during the course of one year on a daily level, on a weekly level they may only develop once every two or three years. As for the Triple Reversal, we saw this live only once in the US Treasury Bond futures in 1989. Otherwise, this Triple Reversal has not been generated in any US market on any level since 1929!
https://www.armstrongeconomics.com/the-princeton-models-and-methodologies-a-users-guide/system/if you actual look at the
Dow 1x Double Weekly, 1x Double Monthly.
EURUSD 2x Double Daily, 2x Double Weekly, 1x Double Monthly
Gold 1x Double Weekly, 1x Tripple Monthly
this seems to be very often.....double weekly = every 2-3 years, tripple only once happend.....are you sure?
I also found it strange that there were so many of these. I see them everywhere, sometimes 2 minors and 1 major reversal on a weekly, maybe he means maj reversals only?