Your welcome @Carts1st Yes you are picking it up fast that's...

  1. 13,605 Posts.
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    Your welcome @Carts1st Yes you are picking it up fast that's great! ..the important thing with this system/cycle is the sequence, as in this order..1st a High and Low (H/L) this is the main down trend and the back drop for all else..2nd is the 62% res level rejection then a higher low (HL)..then 62% break with 9 ema..sometimes there is also a precise back test of this 62% break (to within a pip usually)..if that holds then all that`s left is that price stays above the 13 ema all the way up to 200% "target" (and sometimes beyond), so in the case of ONE here its a more recent base cycle...H/L/Res/HL/62Break. ONE carts.png
    Last edited by W3hunter: 23/05/23
 
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