I was testing SG's method of using Swing high and Swing low and laws of vibration.
And Wow!!! Look how amazingly it has worked!
I was looking to apply this when we had continuous non stop UP/DOWN bars from SH to SL.
Lets look at 1.
We see continuous down bars from SH to SL without any UP bars..
Look what happened next.. It easily reached the target..
Similarly in Case 2.. Which has only UP bars...
Now let's see what happens in Case 3...
Now the target is around 1.3217-1.3218...
I did not recognize this during real time markets ...
The buy order was not based on this method... But now will be looking forward to exit near these levels..
Dear SG,
If there is some mistake in explanation/charts, Do point it out.
Regards