1. the WRB is a candle that indicates buying stength, this could give a signal
for the beggining of an upward movement
2. the movement between HL1 and HH1 has overtaken important left pivots ( see LHs),
this is considered as a possible beginning of an upward movement in this frame time.
3. The higher frame, in this case the 12 hrs frame time ( I use 3 frames time to identify
the probabilities screencast.com/t/ySVz4Wb2Ak ), shows an WRB, also indicating
the buying strengt and the moving averages shows a signal called divergence average,
wich is an oversupply signal that indicates that buyers are taking back the market control.
for the beggining of an upward movement
2. the movement between HL1 and HH1 has overtaken important left pivots ( see LHs),
this is considered as a possible beginning of an upward movement in this frame time.
3. The higher frame, in this case the 12 hrs frame time ( I use 3 frames time to identify
the probabilities screencast.com/t/ySVz4Wb2Ak ), shows an WRB, also indicating
the buying strengt and the moving averages shows a signal called divergence average,
wich is an oversupply signal that indicates that buyers are taking back the market control.