price expansion areas using chaos theory
hi.
using various stuff from chaos theory is these zones, price will travel from one end to another 70% of the time if a bar closes on one end , if the zone is invalid, it is no longer usable or trustable until it is re-created, which I do daily , the black line is the area past which the zones are valid, if there is an error , then it is not good
you can enter bar close on one end of a zone, price TP at start of next
use this as a bias directionally, enter lower timeframe
only go long or short zone wise if EMA also that way, because you have trend on your side.
thanks.
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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.