From 1a2b3cppp - So once the next node is reached will you know which movement is happening and place your entries accordingly? In other words, say price follows the grey path and does this:
Will you then go long until 1,340, short until 1,305, long until 1,360, and then short again?
Or, say price follows the purple path like this:
Will you then recognize that that path is correct and short until 1,362 or so and then maybe go long until 1,440?
1a2b3cppp - I will follow my guess and buy into dips when it reaches the first node (purple line). I will continue buying if unfortunately the market goes deeper to the grey line's first node. If that bad situation happens, I will try to unload when the market bounces back to the second node of the grey line. Thanks.
