This pair is one on my radar but I have a question that relates to general plan effecting other pairs too.
The EA, from Big Boss and Boss is in an uptrend but have had a recent pullback.
The swing and the confluence tell me the daily has swung but do I not need, according to your method, the Weekly at least, to have shown a turnaround so it is back in it's uptrend or is the week's activity so far enough to say that the uptrend has resumed?
This is a difficulty I am seeing regularly.
The dominant trend appears to have resumed but the weekly bar has not caught up.
How would you approach this situation in my case?
I could wait for confirmation with a weekly closed uptrend candle and a higher low on the daily but by then we cold all be dead.
Thanks agin for your wisdom.