The algorithm's tell us a lot on a chart like SMCI where we can't seem to catch a long term trade in either direction. That's because we have a big fight going on between higher time frame algorithms like tapered buying green and our LTF purple and recent yellow strong buying.
Use this as a helpful guide for short term trades upcoming while we identify the higher time frame direction.
Happy Trading :)
Use this as a helpful guide for short term trades upcoming while we identify the higher time frame direction.
Happy Trading :)
Related publications
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.
Related publications
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.