1-4 : lower highs and lows
4: a dip under the lowes low in the local structure ,
followed by a pullback, then a confirmation STRONG volitle
push back below the buyers from #2, for me the candle closing
down here signals buyers have interest
* what do I think will happen
* notice : RSI + MFI , making a sort of triangle shape, this is good
for signaling a turn in the market, not to mention oversold almost
on both.
* according to the chaos theory indicator , over the past 2,500 bars, if a bar closed
under a zone, we have a 65% chance to reach the next zone below, good for us
because the bar did close under the zone
* using these various factors I like the idea of a continuation down trade.
4: a dip under the lowes low in the local structure ,
followed by a pullback, then a confirmation STRONG volitle
push back below the buyers from #2, for me the candle closing
down here signals buyers have interest
* what do I think will happen
* notice : RSI + MFI , making a sort of triangle shape, this is good
for signaling a turn in the market, not to mention oversold almost
on both.
* according to the chaos theory indicator , over the past 2,500 bars, if a bar closed
under a zone, we have a 65% chance to reach the next zone below, good for us
because the bar did close under the zone
* using these various factors I like the idea of a continuation down trade.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join our public discord : discord.gg/hUUhRKByFt
To access my premium indicators , including unrestricted usage of public indicators ( all timeframes ) : whop.com/chaos-theory-indicator-s-5/?store=true
To access my premium indicators , including unrestricted usage of public indicators ( all timeframes ) : whop.com/chaos-theory-indicator-s-5/?store=true
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.