When there are more P-PRZ's than usual lined/stacked up, it is considered a P-PRZ Ladder and there may be a chance of price "climbing" up or down the ladder, potentially with speed.
An example of a P-PRZ Ladder to the downside.
The bigger the ladder, the better the potential move.
The P-PRZ ladder is a targeting strategy, NOT for entries.
An example of a P-PRZ Ladder to the upside.
When P-PRZs are used for targets and they disappear, Vinny E. Mini likes to reduce his targets accordingly in these situations.
P-PRZ Ladder Examples
P-PRZ Ladder for price targets:
STUDY: A P-PRZ Ladder appears on ES futures, signaling a potential for price to climb up the ladder soon.
P-PRZ Ladders above and below price:
STUDY: P-PRZ Ladders appearing on ES futures, above and below current price, signaling a potential for price take the ladder in either direction - note how recent price action has been in an accumulation zone.
Video Tutorials: P-PRZ Ladders
WATCH: This short video explains Harmonic P-PRZ Ladders and how to use them.
WATCH: Vinny E. Mini explains the difference between P-PRZs and repainting indicators in this short clip.
