A Renko Trading Strategy with Multiple Indicators (update 2)

By mxb1961
Repeatable patterns. Something to watch on the 25 tick / 15 minute Renko chart for CL. This first image is late January. I’ve marked some areas of interest and where we could be in the pattern and something to watch.

snapshot

This is from today’s price action.

snapshot

Pay close attention to the action of the indicators between the two highlighted periods of time.
Chart PatternsCrude OilDMITechnical IndicatorsrenkorenkochartstochasticoscillatorTrend AnalysisWTIwticrude

Related publications

Disclaimer