The TD Sequential 9-count marks potential trend exhaustion. After 9 consecutive closes higher/lower than 4 bars ago, a reversal or pause is likely.
- TD Buy Setup completes (9 consecutive closes > close 4 bars ago)
- Bar 8 or 9 high must exceed high of bars 6 and 7
- RSI above 70 confirms overbought
- Enter short at bar 9 close or bar 10 open
- Stop above bar 9 high
- TD Sell Setup completes (9 closes < close 4 bars ago)
- Bar 8 or 9 low must be below lows of bars 6 and 7
- RSI below 30 confirms oversold
- Enter long at bar 9 close
TD 9 on the daily chart at a weekly support/resistance level is one of a high-quality reversal signals across all markets.