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Weekly Target Zones [TeamCash]

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Weekly Target Zones [TeamCash]

The Weekly Target Zones [TeamCash] (WTZ) indicator delivers powerful price levels to elevate your trading. By default, it uses the weekly opening price, marked by an orange line, to calculate symmetrical target zones above and below, shown as orange lines with labeled prices. Traders can disable the weekly open and input a custom level for a zone they deem more significant, with levels calculated from it.

How It Works: BTCUSD ETHUSD WTZ applies a complex formula to generate dynamic weekly levels. Multiple closes above the weekly open (or custom level) signal a bullish bias, targeting upper zones; multiple closes below indicate a bearish bias, aiming for lower zones. Levels reset weekly for fresh analysis.

Why Use WTZ?
  • []Pinpoints high-impact weekly levels for stronger trade setups.
    []Complements daily strategies with flexible, trader-defined zones.
  • Provides clear, labeled visuals for confident decision-making.
Ideal for traders seeking dynamic technical analysis to capture significant price moves in BTCUSD and ETHUSD markets.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.