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Additional info for International Encyclopedia of Robotics: Applications and Automation, Volume 1
50. 00. Major Short-, Mid-, or Long-Term support/resistance levels often coincide with The Quarters Theory’s three important price points within the Large Quarters: the End of the Hesitation Zone, the Half Point of a Large Quarter, and the Whole Number preceding a Large Quarter Point, or with the actual Large Quarter Points. In such instances, these levels become price points of double significance that may be even tougher to break. The main consequence of a failure to break the support or resistance of a double-significance price level positioned within a Large Quarter is exhaustion and unsuccessful completion of the Large Quarter, leading to a reversal back toward the preceding Large Quarter Point.
If the Large Quarter is not completed by the end of the third day, the unsuccessful completion of a Large Quarter may lead to a reversal that could take prices back toward the preceding Large Quarter Point. 9 shows a Large Quarter completion in line with the requirements of the Three-Day Rule of The Quarters Theory. 4000. 3825. 4000. 4000. 4000. 10 is another real-life example of a successful completion of a Large Quarter accomplished in the exact time period required by the ThreeDay Rule of The Quarters Theory.
The main consequence of a failure to break the support or resistance of a double-significance price level positioned within a Large Quarter is exhaustion and unsuccessful completion of the Large Quarter, leading to a reversal back toward the preceding Large Quarter Point. 3700 in March 2009. 3700, the EUR/USD currency pair moves lower. 3750. 3750. 3500. Overshoots of the support/resistance levels of the Large Quarter Points, the important price points within the Large Quarters, or the major Short-, Mid-, or Long-Term support/resistance levels within a Large Quarter should not be considered as decisive breakouts.