Hello all,
This chart looks a little strange however it is a technique I use to isolate timing zone's where I can zero into a possible trade.
The RED diagonal is a multi-pivot line being used to narrow down a time zone where there is a high probability of either a trend reversal or a breakout in the middle of an established move either long or short. I run horizontal vectors from a few medium term lows, the crossing of which, gives me a time zone. As the candle comes and meets these zones I will update this chart with some pitchforks to see if I can isolate a trade location either bullish or bearish. If I am unable to find confluence I will move onto the next time zone, then rinse and repeat.
Let's see how this technique unfolds
Sincerely
TIK
This chart looks a little strange however it is a technique I use to isolate timing zone's where I can zero into a possible trade.
The RED diagonal is a multi-pivot line being used to narrow down a time zone where there is a high probability of either a trend reversal or a breakout in the middle of an established move either long or short. I run horizontal vectors from a few medium term lows, the crossing of which, gives me a time zone. As the candle comes and meets these zones I will update this chart with some pitchforks to see if I can isolate a trade location either bullish or bearish. If I am unable to find confluence I will move onto the next time zone, then rinse and repeat.
Let's see how this technique unfolds
Sincerely
TIK