What is DVERL(diagnol eraly reversal line)?
Look this current chart...I marked pink line connecting 2 VPH's ....here note these line shuold be below 45 degree then only can say DVERL....here if price close abv DVERL then get pvt blw DVERL then we take short trade @ that mPL ....even one can trade failures on these DVERL...but backtest it for your comforatble trades ....
Look this current chart...I marked pink line connecting 2 VPH's ....here note these line shuold be below 45 degree then only can say DVERL....here if price close abv DVERL then get pvt blw DVERL then we take short trade @ that mPL ....even one can trade failures on these DVERL...but backtest it for your comforatble trades ....
Where DVERL is closeby like today, will you still place long order on the mph for reentry?