1->5 : creates a series of lower
highs and lower lows , number 2
becomes a solid major market low when number
3 closes under number 1 , number 4 becomes a solid minor low( as its part of the minor downflow ), when number 5 closes under number 3
5->6 : returns to number solid major high number 2, intrabar bearish reaction
what do I think will happen ?
* depending on the bar , being inside or lower low than the next would then classify it as a micro bearish structure or not, will have to wait for that
* bearish on rsi,mfi and accum/dist
* overbought on rsi and mfi
* on the daily we are in a downtrend, pulling back currently to some resistance
highs and lower lows , number 2
becomes a solid major market low when number
3 closes under number 1 , number 4 becomes a solid minor low( as its part of the minor downflow ), when number 5 closes under number 3
5->6 : returns to number solid major high number 2, intrabar bearish reaction
what do I think will happen ?
* depending on the bar , being inside or lower low than the next would then classify it as a micro bearish structure or not, will have to wait for that
* bearish on rsi,mfi and accum/dist
* overbought on rsi and mfi
* on the daily we are in a downtrend, pulling back currently to some resistance
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Penafian
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Join our public discord : discord.gg/hUUhRKByFt
To access my premium indicators , including unrestricted usage of public indicators ( all timeframes ) : whop.com/chaos-theory-indicator-s-5/?store=true
To access my premium indicators , including unrestricted usage of public indicators ( all timeframes ) : whop.com/chaos-theory-indicator-s-5/?store=true
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.