Hello all,
Oil has been pushing lower with some nice tradeable swings...I am looking for a reaction here after a 7 out of 8 (TD) day sell - off. I have an interesting timing technique integrated with both the downward grey modified schiff pitchfork and an upward white 0 to 3 Centreline technique that I sometimes use to pick up the slope of the counter trend move and at least 1 ( sometimes both ) low & high pivots before a continuation of the downward push.
Note the Timing Technique: If you follow the color coded (a,b & c lower to a,b &c upper) letters & arrows you will see the colored triangles terminating @ the horizontal grey dashed line @ 16.15 have already picked up 2 out of 2 Low pivots of these counter trend moves. Will it be 3 out of 3??.
Let's see how things unfold.
Sincerely,
Ross B
Oil has been pushing lower with some nice tradeable swings...I am looking for a reaction here after a 7 out of 8 (TD) day sell - off. I have an interesting timing technique integrated with both the downward grey modified schiff pitchfork and an upward white 0 to 3 Centreline technique that I sometimes use to pick up the slope of the counter trend move and at least 1 ( sometimes both ) low & high pivots before a continuation of the downward push.
Note the Timing Technique: If you follow the color coded (a,b & c lower to a,b &c upper) letters & arrows you will see the colored triangles terminating @ the horizontal grey dashed line @ 16.15 have already picked up 2 out of 2 Low pivots of these counter trend moves. Will it be 3 out of 3??.
Let's see how things unfold.
Sincerely,
Ross B
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.