and this was also in play, that bull div ran into a big bear div at the 50% level, i believe. Closed at cross ema.

Trading the Cable swings via averages

That bull signal H1 took price back to its ema while that bar made a bear support and both price and rsi found resistance at its levels. Thats what i was thinking entering short at that time. By now i should have hedged that short once that bull ...

Trading the Cable swings via averages

Its trading below the ema on H1 so main direction is short, but there's no bear support yet so can we say that this can go both ways and we have to wait for clearer signals (reg bul div M5 indicating it can go up to its ema)

Trading the Cable swings via averages

image i see this

Trading the Cable swings via averages

look up for ABCD, there's the answer; measure A to B and put it on top or below C and there's your target and 50 level.

Trading the Cable swings via averages

image both the lower and higher targets are reached, and now? At the bottom the bull RSI/RSI took it up, the spike up ran into a bear RSI/RSI, now it seems like building up bull support?

Trading the Cable swings via averages

Thx Alan, i completely understand why you draw the second triangle (i admit i didn't see it untill now) but does that mean that the triangles i draw aren't valid?

Trading the Cable swings via averages

image something like this

Trading the Cable swings via averages

have a nice time with whatever you are doing and thanks for your great system

Trading the Cable swings via averages

Alan, why do you take that bar at C and not the next one? Thx

Trading the Cable swings via averages

Thx Alan now i understand why you and Jazz were drawing 2 triangles there. For today i see this but not moving much today

Trading the Cable swings via averages

Jazz if i may ask, how do you get that blue one? And yes Alan we are now at C off that posible AB=CD on H1, if i understand it

Trading the Cable swings via averages

thx for the chart, really helpfull

Trading the Cable swings via averages

and there was a bull RSI/RSI on the M5 at the touch of the EMA H1

Trading the Cable swings via averages

image watching this for tomorrow and i believe you can even draw a bigger one no bull support yet

Trading the Cable swings via averages

great trading, did you ignore the long signal on M5?

Trading the Cable swings via averages

image late at screen so missed the first entry, bear RSI/RSI and the retest (hook) around the 108 bar, missed the bear support entry and took the third one, went down and the i saw the bull RSI/RSI M5 so hedged but closed too fast on that retest ...

Trading the Cable swings via averages

image i see this, but dont shoot me if i am wrong, below the EMA so we only should be looking for shorts, but this divergence and the bull RSI/RSI M5 made me enter for a hedge, but it allready appears i am wrong

Trading the Cable swings via averages

good question

Trading the Cable swings via averages

HD on LO, price dropped into a regular bull divergence, retested the EMA swing and the EMA 26 (the hook), made bear support and the 2line break gave the entry short again (and that might be the answer for my earlier question why we should short that ...

Trading the Cable swings via averages