Valid Return to zone TCT model
This indicate the way to valid RTZ swing low
This is Kevin note to show the valid swing count
What to focus on is:
We find 3 drive pattern swing low and trade reversal
At swing low 2, we can see price cannot RTZ 50% and continues to the south and makes liquidity grab, then price return to 50% of the big zone. Here we can sell at drive 3 ( this is as we can see, the low volume swing of NDS, price moves fast to the downside to end the swing)
This indicate the way to valid RTZ swing low
This is Kevin note to show the valid swing count
What to focus on is:
We find 3 drive pattern swing low and trade reversal
At swing low 2, we can see price cannot RTZ 50% and continues to the south and makes liquidity grab, then price return to 50% of the big zone. Here we can sell at drive 3 ( this is as we can see, the low volume swing of NDS, price moves fast to the downside to end the swing)
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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.
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.