{quote} Sir, what timeframe do you use for zigzag?
Are you talking to me?!?Well, m30. While in range, it usually makes 3 tops or bottoms on the outer of the range border. There are exceptions, of course. Some days it does just two, like yesterday and today, making just two bottoms around 1267-68 or whatever. Other days it does make 4 bottoms, like on 27 Oct. 3 tops or bottoms, around the outer range border, are the most frequent case, however. You need to know how to define a range border. Otherwise, while moving to the other side of the range, it might make 1-2-3 tops/bottoms and you will get trapped inside, as usually, this is the range's center and you do not want to be inside it...
EDIT: Can you see it here? 3 tops -> turn around, 3 bottoms -> turn around?
Look also at the stupid divergenta. In range it usually works perfectly well. Still, knowing it is a range, you almost not need it. The foolish RSI can be useful sometimes. Especially in range it is quite useful.
Today we had two tops, i guess. But it is a big day. They will use it in their own advantage. Not in our favour. So, maybe this pattern will have an exception today?
Maadik Hugiis. IQ 69.
