This is a chart I made using DWEB indicator. This indicator shows important time, price, balance points and uses these nodes to draw trends. I simply extended the trend and marked important levels from the main DWEB intersections for levels. You will see that the levels bunch up in certain areas, showing major S/R levels. The compton indicator below is helpful to show momentum and balance
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.