Crown Royale

It is a final divergence where the measuring value falls to the other side of the RSI2 spectrum.

I.e:

  if (RSI2[i]>50) {
ObjectCreate("120BMPX"+IntegerToString(i), OBJ_TEXT, 0, Time[i], Low[i]+10*Point);
ObjectSetText("120BMPX"+IntegerToString(i), CharToStr(175), 38, "Wingdings", clrYellow);
}

I was gonna talk about the 12-sample daily CI. Before the new, 5-wave move would start, the energy level would have to reach an XX condition, which is 59 or more.

The market had 2 more days after today to get to this level. Imagine that 2 candles drop off the sample, and you are around the close marked by the blue arrow. You just managed the necessary extra high read.

Where do we go from here then? I would think that price would be back here by the expiration. A down move and back up. 2x 24 hours.

The move was a “200”. It is a break out beyond 180. Currently does not look like it is going to manage the close this time around.

F2 is now at 1.0833. I would buy that for the opex. Could we swing out in the opposite direction 70 pips first, then come back from there? Yes.