A key for the above chart to define the horizontal lines and dots. For further explanation, see this link:
4c to start the day - trading a breakdown
Small continuation move later in the day holding the IB_low (4d-4c/3c)
3d criteria short covering rally into the 1:30 hour
Looking for the 15m 3/10macd to either set up a 1b-1a breakout higher or a 2c or 4c) breakdown on the short side
This is the first time the Daily (below, right) 3/10macd has had a negative fast line. Still have to treat this Daily as a 2c-2d criteria setup, where we would be looking for the faster time frame (65m below, left) to set up a 3-push pattern, or inverse H&S and where the 3/10macd would preferably see the 3d criteria set up (unless it is a V-recovery in which case we would get the 65m 3/10macd going to 3a to 1a). Worth noting, that 65min made a higher pivot low on strong downside momentum (reverse divergence)
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