The filters I wrote pick up this 3-hour selling as a short squaring.

This is a fluctuation maximum (46 pips) from one side to the other side without moving the consolidation range. This move could be a Wave 2 down or a Wave B down. Either way, more upside beyond the high that was made today looks to be in the cards.

//squaring - up - S30
if (Close[i]-Low[i]>160*Point && Open[i]-Low[i]>160*Point
   && (Low[i+1]>iBands(symbol,0,30,2,0,PRICE_MEDIAN,MODE_MAIN,i+1) && Low[i+2]>iBands(symbol,0,30,2,0,PRICE_MEDIAN,MODE_MAIN,i+2))&& Low[i]<iBands(symbol,0,30,2,0,PRICE_MEDIAN,MODE_MAIN,i)
)
{
 ObjectCreate("KAROLYIII"+DoubleToStr(i), OBJ_RECTANGLE, 0, Time[i+1], Low[i] , Time[i], Close[i]);
              ObjectSetInteger(0,"KAROLYIII"+DoubleToStr(i),OBJPROP_COLOR,clrGreen);
              ObjectCreate("Pipper"+IntegerToString(i), OBJ_HLINE, 0,  0, Low[i]);
                     ObjectSetInteger(0,"Pipper"+IntegerToString(i),OBJPROP_COLOR,clrGoldenrod);
                     ObjectSet("Pipper"+IntegerToString(i),OBJPROP_BACK,1);
                     ObjectSet("Pipper"+IntegerToString(i),OBJPROP_RAY_RIGHT,false);
                     ObjectSet("Pipper"+IntegerToString(i),OBJPROP_WIDTH,5);
}

As for the CPI I knew that the Market Makers were wrong, see the green squarings prior, and also there were 3 false starts on the MFI/RSI2 combo, so I told my coworker that the upside was “prepped”, and this was going to rally.

Buy 6 pips below the black candle’s close (1.0280) and add more if it moves lower for up to 16 pips.

The next three reactive lines are at 1.0381 and 1.04045 and 1.04337. Any of these could & should see a 25-pip counter move at least, but trail to be prudent.