Breakout in Weekly Time Frame, page-57

@dml477

As requested. Rough explanations below and will post your other charts with ref to here to explain them rather than retype each post. I think you can figure out what they indicate from my notes & chart drawings. Have a good one.

This chart shows a SMA set up which indicates poss trend changes when the SP breaks the bands (and th deviations - hidden to clean up chart). Pink boxes eg's where the band also provides poss upp / resist. Can see normal indicative resist / supp areas & TL's. 1st indicator is a MACD that is pos / neg against centre line and red bars show when signal line crosses. It also colours the SP bars when signal line crosses up or down. The other indicator is for indicative bull / bear pressure.



This chart a HA Kumo & can see recent Kumo break but also some indecision Doji & looking for Kumo supp possibly. Ahead is a Kumo flat top which can attract SP as well. 1st indicator is a Linear Regression with indicative bull / bear pressures & the bottom indicator a momentum indicator where bar colours change with easing or increasing momentum and can also look for centre crosses.