This is an extension of the “DeMark Range expansion” by CristianD. I have added Weekly and Monthly Ranges .
The support and resistance zones are filled for better viewing .
It bookends the daily, weekly and monthly range between highs and lows. Sell at retests of highs, buy at retests of lows. If a range is broken one way or the other you can probably expect expansion in that direction.
Lime and Maroon represent – Monthly Ranges
Pink – Weekly ranges
Orange – Daily ranges .
The support and resistance zones are filled for better viewing .
It bookends the daily, weekly and monthly range between highs and lows. Sell at retests of highs, buy at retests of lows. If a range is broken one way or the other you can probably expect expansion in that direction.
Lime and Maroon represent – Monthly Ranges
Pink – Weekly ranges
Orange – Daily ranges .
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