Not a trade i took but trading something like this is well over a 4000 pips. Of course the difficulty comes from actually catching a move like this.
Andrews statement "Frequently, after crossing a lower MLH, prices continue to rise along the MLH before the further drop that was signaled by passing through"
Swing process here outlined in the swap zone. Tight consolidation n exhaustion gap below, fails to run down, spikes above previous high and traps long the drops down and makes new low and tests it from the bottom. This typically how swings function. Price always seeks a point of equilibrium going from periods of contraction to expantion. It's a homeostatic system.
Andrews statement "Frequently, after crossing a lower MLH, prices continue to rise along the MLH before the further drop that was signaled by passing through"
Swing process here outlined in the swap zone. Tight consolidation n exhaustion gap below, fails to run down, spikes above previous high and traps long the drops down and makes new low and tests it from the bottom. This typically how swings function. Price always seeks a point of equilibrium going from periods of contraction to expantion. It's a homeostatic system.