This indicator is good, it can be utilized for timing entries and exits. The Cross symbol, is the opening (Bearish or Bullish). The Square symbol, is a pivot crossing (Bearish or Bullish). The moving averages, aide the price wave identification. The settings for Renko: Seven Bars: a recent wave count with a line graph, on Bollinger Band breaches. Traditional: ...
Andrew M. Kempi 7 January 2023 MACD 1D Methodology: X, XD (X•), XDD (X••), and P=M(XD) Determine Volume psychology and volume mass. P=Mass(Velocity), p=volume(XD), including pascal averaging. The Volume, and price value, is dependent on Velocity (XD). Velocity is dependent on Acceleration. Confirm undeviated direction and trend. Establish location: above or...
The Bearish left shoulder is too steep, and the high isn't valid in anyway visible: the fractal is less than the teeth, and the oscillator remains negative. Then at the low a Bullish left shoulder is formed, and the stats on that low are completely valid. If the oscillator remains positive through the Bullish right shoulder, I am seeing Bullish Reversal on a fail swing.
This methodology provides dynamic levels for turns (swings). The Highs suggest time frames, and the cyclic time tool fits well. There should be a directional move soon, and will leverage aggressively.
This High on LTC is difficult to assess. Attempting to validate a Low for a Box with a tool, is necessary; a MacD of the Accumulation/Distribution aided the discovery of a Low. Obviously, the Price Action swung the levels around the new Box.
Elliott Wave the last couple years of mother-waves to find a prediction; not only of a quarterly target but a bull-phi possibility.
The bull movement was considered reversed but the geons suggest otherwise.