Disliked{quote} I have a theory for that problem of not always achieve our projected target when is about deviations. First people should know my believes about the market not be random, second is that it don't play only 1 algo in each candle or TF whatever. What i nootice the algos used are connected to H/L open/close and is not just one, which one is been used at that particullary moment no one can have certain, is why i had 3 charts open, 1 with H/l, another with open/close and other with H or L / close, and one of them will pinpoint for sure a reversal...Ignored
I would try to combo your method with mine for this monday...just to fine tunning the level and direction. Pleaee correct me on the deviations parts( if have time...if not no problem ...later on as market open soon)
I will use rounding level so not the precise level i use for the note.( for practise purpose only)
Dev levels:
W 0.25 retracement 4098
0.50 ret 4188
Dev daily 4087 and 4062 for retracement ( break down if sell off happen) and 4137 -4162 for extension( break up if buy continuation.
Thats fiixed level of Dev will be treatened as S/R for my approach.
Now my apprach trying to calculated the possibilities...i will devide into two steps...first.how my indi calculated the possibilites( when market open its will developt and adjust automaticly)....secondly how to interpretation the indi formed at those levels( Dev).
My indi"s say: ( i trade PA with indi pattern):
As for now...
H4 bear with 4190 projection as sell zone or bull continuation( confluance with weekly 0.75 dev retracement)
M30 bull in development but sell sign still intact.
My interpretation:
Asia range expected 4140_50 as high and 4100_4062 low. Possible tap 60_65 as the wick to test or break later
As m30 in bull development....4140_50 will be the key....if break 4190 tap posible but not at asia session.
M15 H 1 mixed signal so...skipp.
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With that mapping...i usually wait PA to confirm ...to take action
P.s: Interpretation phase could be wrong too
Thanks
Stay Gold