Disliked{quote} Hello limprobable . No, I have not. As it is a semi-discretionary method (at least for the decision to enter or exit) but based on rational systematic "rules" , I would not say I never had done. But de facto it seems to me based on the same principles. Anyway you have to work FIRST and TOGETHER the PRACTICE and the THEORY to understand the rationale behind the Methodology {image}Ignored
Degree 1 : Price Action has touched or crossed the Upper or Lower Limits of Enveloppe 32 (blue)
Degree 2 : Price Action has touched or crossed the Upper or Lower Limits of Enveloppe 128 (ocre)
Degree 3 : Price Action has touched or crossed the Upper or Lower Limits of Enveloppe 256 (brown)
Here for example you have a Top 3 (in green)
The next Top is a Top of Degree 2 . Hence linking both Tops you can build a Descending Valid Trend Line of Degree 2 (in red). This means that , as long as this Descending VTL is not broken on the upside (potential Action Signal (AS 2) the Trend is bearish
1