Disliked{quote} Can you give us an update? was H16 and H32 up too? Maybe start with 1st post and then describe what happened from the start according to your method.Ignored
The red/green is H4/D1
The magenta/yellow is H8/D2
The white/blue is H16/D4
The white dotted Vline is where the orginal chart ended.
The red trend line is the H4 pullback that I mentioned in the original post. And as stated, price continued further up.
On the Daily chart, price went far enough up to cause the D1 custom MACD indicator to go up as well as the red/green line in the price bar window.
And I stated that this would likely be the start if a new D1 up swing, you can observe that not only D1 but D2 joined while D4 did not.
So as time progresses, you can look at H4/H8/H16 and see that on the MACD, all of them went into a pullback and return up, taking the Daily even further up. Similarly, at the far right, you can see H4/H8/H16 for both indicators coming down.
You can see on the H4 price bars that from the final highest high, there was the swing down followed by 2 green up bars. If you look at your H1 chart, you can see how there was a swing down, then a lower high. And if you were checking even smaller TFs to help judge when that swing up was ending, you would have caught that lower high and possibly shorted even before the H1 confirmation.
And don't forget that it has been stated long before this that the Daily swing up would be a RALLY to the Weekly that is going down. Look at the D4 (just shy of the Weekly) on the Daily chart and see that it was down from about July 21 and stayed down throughout all of this.
No need to mark S/R lines. No need for Fib levels. No need for trend lines. No need to find FVGs. No need to go through the contortionists' acts of trying to find Elliot wave counts. Don't even need to have price bars displayed. Just wait for the LAGGING indicator(s) to show you where price is going and follow it.
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