Disliked{quote} Thanks a lot for your clarification Alan. It looks more clear to me. Your waves counting is also very interesting too. It seems you are using Elliott Wave Principle, an't you? Althouh in some wave counts I saw wave 2 had a violation, it exceeded the beginning of wave 1. These things lead me to the thought that your wave counts were not pure EWP. Maybe its cousin. I saw that you are using peak/trough of EMA1 to count waves, not peak/trough of price. However, if the wave count can help to eliminate the false signals of Div, and can help to...Ignored
However, this is always used in the context of where the EMA swing is and what price has to do to get there.
1