Repeated failures in iCOT (multiples failures red strips) meaning the least resistance path is up : breakout is coming ?
Silver iCOT : Suppose you was stubborn and took each and every green buy trade (green strips) - Normally after 7 strips it will reverse to 50% of previous wave. Silver heading to 25.
WTI Oil $CL Filtering the signals (red or green strips) to ride the best signals. Correct Risk Management is the key with iCOT.