From a well known TA I follow. He posted this and I have incorporated it into my chart.
FYI. His is the bottom indicator.
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FYI. I'm bearish at the MICRO level (still a student) but BULLISH on the MACRO level and still open to ideas like this one.
He has put up a good case with this tool and analysis, hence I'm sharing.
There is more to it but the picture should be enough. Its up to you to how you see it.
Also another perspective with Higher Lows.

FYI. His is the bottom indicator.
***********************************************
FYI. I'm bearish at the MICRO level (still a student) but BULLISH on the MACRO level and still open to ideas like this one.
He has put up a good case with this tool and analysis, hence I'm sharing.
There is more to it but the picture should be enough. Its up to you to how you see it.
Also another perspective with Higher Lows.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.