This chart looks a little strange however it is a technique I use to isolate timing zone's where I can zero into a possible trade.
The RED diagonal is a multi-pivot line being used to narrow down a time zone where there is a high probability of either a trend reversal or a breakout in the middle of an established move either long or short. I run horizontal vectors from a few medium term lows, the crossing of which, gives me a time zone. As the candle comes and meets these zones I will update this chart with some to see if I can isolate a trade location either or . If I am unable to find confluence I will move onto the next time zone, then rinse and repeat.
Let's see how this technique unfolds
Think of these zones pure timing areas, the lines on this chart show how I constructed them. The forks come later as at this early stage we don't know what will happen in these areas. In the last 30mins to 60min of the last candle before these zones I will draw some pitchforks to see if I the market is already or close to leaning on one of the pitchfork lines. If so great, we will have confluence. If no, then I will do nothing and move on to the next time line. This is a good way not to be glued to the screen for too long:) hope that explains the idea. Take care