More Ideas?
A small idea that I thought might only take 20 minutes to walk through turned into another long stroll in the forest. Out the other end we've returned with some valuable items. The trade idea proposed was since taken on the audnzd pair giving us some evidence. One trade is hardly enough data to draw and conclusions from but it is a good sign. This trade is up around $1800 when I took half off.
Some general conclusions here are as follows. Trend lines are necessary for rotation. Rotation does not exist within the bounds of 1st pullbacks. Momentum is the only influence we ought to acknowledge within this space. Beyond the 1st trend line break we obtain probability and only then do patterns emerge as we know them. Some patterns only acquire meaning through rotation. The s-wave derives meaning from both spaces.
This new trade category is unnamed currently along with the pennant type divergence. These two objects will be named shortly.
Audnzd trade screenshot below:
Good Trading
