Quick and Dirty multi time resolution referencing to find transitional locations suitable for entry/exit with the High Low Difference Trend Assist script. Any thoughts?
This should be read in connection with Saturdays gap analysis chart. Trend breaks move to test 207.60 range at bottom of blue Fibonacci band. Note pitchforks drawn using co-ord entry of high and low prices for accuracy - not arbitrary placed trend lines
Day started with gap up as expected, initial ramp was andrews pitchfork, sideways movement changed to schiff and then modified schiff. Expect dip at EOD due to distribution day as predicted by previous gap patterns and Fisher MTF
These are some of the indicators from my two packages available on TradingView appstore. This chart has S/R levels, derived from an oscillator, overlaid on price action for easy identification of clusters and turning points. It also marks bars (up / down triangles above/below) with reducing momentum to show potential upcoming bounce levels. This S/R level is...