Tuesday, January 05, 2016 9:37:55 AM
Bottom Reversal Runner ... just a look at multiple time frame charts of a trade that presented itself this morning...
Posted as an example of repeating patterns that happen every day.
Daily - not much to suggest a reversal is imminent but divergence had shown up on the 15 minute:
Zooming in to the 100 tick and 60 tick trade charts also showed the divergences:
The 60 tick shows the Price Action and all the other signals that can be used for rationalizing an entry:
Posted as an example of repeating patterns that happen every day.
Daily - not much to suggest a reversal is imminent but divergence had shown up on the 15 minute:
Zooming in to the 100 tick and 60 tick trade charts also showed the divergences:
The 60 tick shows the Price Action and all the other signals that can be used for rationalizing an entry:
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