AwesomeAvani

YINN & YANG Market Cycles and Ratios YINN LONG now

Long
This weekly chart of the YANG /YINN ratio explains the rationale of the demonstration of the market cycle over the period of a few years as it relates to taking a swing trade in one or the
other and finding the likely pivot points based on resistance and support as static levels or
importance. Dynamic levels using an anchored VWAP and also a Bollinger Band are used to
support analysis and finding pivot points of importance. This is meant to be a methodology of
decreasing risk while optimizing reward. The same methodology could be deployed onto
a shorter time frame of 120 minute time frame to zigzag more often with greater precision
and potentially achieving greater profits over a given time interval. An optimal reversal on the high side is a confluence of the horizontal resistance /supply area with the upper Bollinger Band and the uppermost of the anchor VWAP bands.
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.