The 6-hour chart of Barry Burn's Cycle Indicator
According to swing trader Barry Burns, chart patterns can be used on indicators.
Here we have a head and shoulders on the stochastic cycle indicator:
High volume on the breakout shoulder.
Increasing volume up to the head.
Decreasing volume on the right shoulder.
According to swing trader Barry Burns, chart patterns can be used on indicators.
Here we have a head and shoulders on the stochastic cycle indicator:
High volume on the breakout shoulder.
Increasing volume up to the head.
Decreasing volume on the right shoulder.
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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.