TFCI is showing a significant market structure shift on the weekly time frame (WTF) with strong confluence of technical signals! 📊
🔹 Lower Lows to Higher Low Transition:
Blue boxes indicate a series of lower lows, reflecting a prior downtrend.
The yellow box highlights a higher low, signaling a potential trend reversal!
🔹 Mother Candle Breakout:
The purple lines mark the high and low of the mother bar (key range).
Price is now breaking out from the upper side of the mother candle, confirming bullish momentum.
🔹 Counter Trendline (CTL) Breakout:
The orange line represents the main CTL on the weekly timeframe.
Price is successfully breaking out, indicating a potential trend shift to bullish!
Comment below your thoughts
🔹 Lower Lows to Higher Low Transition:
Blue boxes indicate a series of lower lows, reflecting a prior downtrend.
The yellow box highlights a higher low, signaling a potential trend reversal!
🔹 Mother Candle Breakout:
The purple lines mark the high and low of the mother bar (key range).
Price is now breaking out from the upper side of the mother candle, confirming bullish momentum.
🔹 Counter Trendline (CTL) Breakout:
The orange line represents the main CTL on the weekly timeframe.
Price is successfully breaking out, indicating a potential trend shift to bullish!
Comment below your thoughts
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✅ WhatsApp (Learn Today): wa.me/919455664601
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Disclaimer
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🎯 Master My Self-Made Trading Strategy
✅ WhatsApp (Learn Today): wa.me/919455664601
📈 Telegram (Learn Today): t.me/hashtaghammer
✅ WhatsApp (Learn Today): wa.me/919455664601
📈 Telegram (Learn Today): t.me/hashtaghammer
Related publications
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.