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GreenReeper

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GreenReeper

Re: None

Wednesday, 06/28/2017 7:58:52 AM

Wednesday, June 28, 2017 7:58:52 AM

Post# of 97387
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Keep in mind that VTX is not designed as a standalone indicator. Chartists should use other aspects of technical analysis to confirm VTX, improve the reward-to-risk ratio for a trade setup or derive buy-sell signals. The bullish VTX signal in early January was confirmed by a wedge breakout. After the bearish VTX signal in April, CMI formed a rising wedge and broke wedge support with a sharp decline in early May. VTX provided the alert and the price chart provided the signals.

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