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DislikedVery interesting thread guys. I have but one question with regards to elasticity. Does the 4hour has to be in overbought and oversold area for elasticity to work. And, does it have to be up or down with the direction of the elasticity itself. Right now i'm following the USD/Yen and all indicators are oversold or very close too but the 4hour chart just crosses overbought pointing down. Thanks so much in advance guys. Amazing thread. REallyIgnored