the hAnDbook of technIcAl AnAlySIS■ (^) Prior support and resistance levels
■ (^) Fibonacci projection, retracement, extension, and expansion levels
■ (^) Gann Square of Nine price projection levels
■ (^) Gann squaring of the high and low price projection levels
■ (^) Gann’s one‐third and one‐eighth retracement levels
■ (^) Floor Trader’s Pivot Points support and resistance levels
■ (^) Reward‐to‐risk ratio price target levels (price targets often represent levels of
potential support and resistance)
■ (^) Gartley Butterfly Pattern based price projection levels
■ (^) Parabolic SAR levels
■ (^) Chandelier Exit based price levels
■ (^) Horizontal Channel based price levels
Dynamic overlay indicator forecasts are dependent on the time element and
as such include all geometrically based overlay indicators and some numerically
based overlays. The forecasted price level varies over time. The exact forecasted
price reaction level is only known once price tests or is in proximity to the overlay.
Some dynamic overlays include:
■ (^) Bollinger Bands
■ (^) Moving Averages
■ (^) Moving Average Bands
■ (^) Keltner Bands
■ (^) STARC Bands
■ (^) Ichimoku Overlays
■ (^) Linear Regression Bands
■ (^) Andrew’s Pitchfork
■ (^) Trendlines
■ (^) Rising and Falling Channels
■ (^) Chart Patterns
■ (^) Wolfe Waves
8.2 Eight Ways to Analyze an Oscillator
There are eight basic ways to use a window oscillator to indicate potential buy
(bullish) and sell (bearish) signals, namely:- OBOS Overextensions
- Equilibrium and Zero Line Crossovers
- Signal Line Crossovers
- Price‐Oscillator and Oscillator‐Oscillator Divergence
- Geometrically Based Oscillator Pattern Analysis
- Numerically Based Oscillator Pattern Analysis
- Horizontally Based Oscillator Pattern Analysis
- Oscillator‐on‐Oscillator Analysis