Here another one. bounce from 25~18 is 200 points.
If it bounces from the 50~40 it goes to 350 ~ 400 or even more.
If it bounces from the 50~40 it goes to 350 ~ 400 or even more.
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DislikedWe would now swing the Quartile from top to bottom because we have a bullish divergence and can pretty guess we have reached the bottom because we have made two Quartiles. Then we see the bulls find support above the waterline and above the EMA so from this point we are all the time long on any trades we take. Notice then that when it reached the 50% level it was in a bearish divergence and this would have been an exit (380 pips) Anyway the point is we have to put the Quartile on the correct swings including the wicks. {image}Ignored
DislikedMy personal variation Quartile. Current expectation for GBP-AUD for this week. When I enter the trade I will post it within a few minutes here. This is specially for Nala66. If it goes in my favor, I will switch to the fibs again to stack on to the position. Let's stack that money :-) Here is the chart. Let's wait and see what's what. {image}Ignored