Disliked{quote} Bernardi, Somehow I dont get the rules, namely when do you start drawing the ABCD legs. The trade shown in your charts: how can you draw a trendline (5M leg) before the trades as shown in your 1m chart where you marked the entries with each colour change? Thanks.Ignored
UJ today:
In case you are wondering about the Example and the much bigger ABCD leg, i ignored the color change of the first leg, because the Trendline was too flat, and the retrace was very shallow, so i waited for a stronger retrace with a bigger MA Angle (orange lines). You can also be more conservative and rely on the MA Color (pink lines), like this:
Of course, i am always relying on the Color change on the 1m timeframe, but sometimes pick bigger ABCD Legs on the 5m timeframe, because that is the direction that i will trade on 1m
1