Dislikedsonicdeejay, traderathome, and/or any other veterans trading live successully...
So far, I have noticed several situations that come up that are like this and would like to know based on the original sonic proven method, how these kind of situations are handled. It is very easy to say after seeing results after the fact, but I'm asking based on the original sonic rules and as if it's developing how this should be handled for these kind of cases.
What I notice is a setup forms for long, but then setup forms for short, and vice versa, and happens...Ignored
1. Regarding what you refer to as the first setup, a short setup, it isn't because there was not a proper PA wave for a short. A good L in the H-L-LH pattern is missing. Pic. 1 shows a better PA wave for a short. However, in your case and the one I show, EP is outside the London session, so those are not acceptable short setups.
2. Regarding the second setup for a long, there are two ways to look for the long setup....
a) Just trade per Pic. 2 (a proper L-H-HL wave). Or,
b) Follow Hansma's idea of waiting for a pullback to the EP area, a second "HL" in a L-H-HL-HH-HL wave form, as shown in Pic. 3. (He might actually have entered a bit lower, which would not be according to the Sonic R. recommendations.)
....Either way, the long setups put EP in the London session, so they were genuine Sonic R. System setups.