Oil Grey, blue or Golden Day - Weekly Trade Signal Round Up
This might be the congestion day... This might not be...
The MT Open Range Signals Indicator will show the breakout direction - the range grid will show the range expansion - this might not be the final trade. Might be a loser...might be a winner... i won't be in attention to plot them all. But is possible to watch them with the indicators...
The Range Grid codes the days as: White - Non Starter 50% of the range Blue Day > 75% Golden Day > 100% and if you like too shades of that above 125, 150, 200 etc.
This Weeks Range Cycles were Monday Golden > 100% Tuesday Blue > 75% Wednesday Ultra Golden > 150% Thursday Ultra Golden > 150% Friday - Currently a Grey day > 50%
The best signals this week were all short The system is currently short
3 potential things from here Sideways Double bottom bounce and breakout long Breakout short... continues
These indicators are available in Charts > Indicators > Market Place Add-ons > MicroTrends more details of the indicators can be found here: indicatorfactory.com/tradingview-indicators/