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[CRTT] Dragon Trend
Modified Sonic R system based on Wyckoff logic to indicate current trend phase and strength based on the Dragon (EMA34) color.
1. Red: downtrend but the trend strength is weak and can be consider as phase |B| or |D|. Open positions in this color is risk, we should wait more.
2. Green: uptrend but the trend strength is weak and can be consider as phase |B| or |D|. Open positions in this color is risk, we should wait more.
3. Purple: uptrend and the strength of trend is strongly bullish that can be considered as phase |D| or |E| in accumulation phase. This is where we place our Long positions because the trend is strongly bullish and price could continue to run upward.
4. Blue: downtrend and the strength of trend is strongly bearish that can be considered as phase |D| or |E| in distribution phase. This is where we place our Short positions because the trend is strongly bearish and price could continue to run downward.
1. Red: downtrend but the trend strength is weak and can be consider as phase |B| or |D|. Open positions in this color is risk, we should wait more.
2. Green: uptrend but the trend strength is weak and can be consider as phase |B| or |D|. Open positions in this color is risk, we should wait more.
3. Purple: uptrend and the strength of trend is strongly bullish that can be considered as phase |D| or |E| in accumulation phase. This is where we place our Long positions because the trend is strongly bullish and price could continue to run upward.
4. Blue: downtrend and the strength of trend is strongly bearish that can be considered as phase |D| or |E| in distribution phase. This is where we place our Short positions because the trend is strongly bearish and price could continue to run downward.
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受保護腳本
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。