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Here is an idea for a reversal type trade using the intraday-fibonacci indicator and the TD Sequential in combination. I chose the TD because its good at spotting reversals and I already know it doesn't shift after new lows.
Still asking those on the forum who understand this indicator how and when it shifts to create new levels. Only once at the beginning of the day? Every time there is a new high or low?
Here is what I see using these two indicators together...
wonder if its possible...
Good idea, but I think that your signals are reversed there. I think that when the 9 is red it is saying to sell. I could be wrong there. That indicator is good either way really LOL, it depends on the condition of the market at the time...trend, etc.
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