i do not do many intra day charts, the intersection of angles are nodal points, this is 5 minute chart. a note about the intersection points, price does not have to track along the angle to the intersecting point for a turn to be valid, also the turns are in sequence so if we are coming from a pivot low, next will be a swing high then swing low. to know direction, make note if we are coming off low or high.
Comments
patterntrader
⋅
Plotting chart setup professionally is a skill. Thank you for sharing this idea. Hope things come out well. Continue your good work.
Thank you.
Thank you.