What to watch. Notes of caution (1) Two Williams Fractal arrows in the same direction at least 12 bars apart on the two hour chart. The price has been usually back at some point and can even go the other way . (2) Set-ups on my two hour charts alternate between Hearts and Squares. Squares have been the best in February's uptrend. With hearts which is what may or may not now confirm they appear to retrace back the most and can then head in opposite direction.
Note
Rise in 4 hour MACD has looked unusually weak.Note
CAME TRUE - Two Williams Fractal arrows in the same direction at least 12 bars apart on the two hour chart. The price has been usually back at some point and can even go the other way
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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.