Trend, I have been looking at your charts. This is what I see so far in this test.
The daily.
The green line means little to a trader, seldom violated. When touched or violated it produces a ABC e wave correction pattern. The red line seems to be a good swing trade point. This line would indicate a swing trade at about 1015.
The blue line is stuck to the price bars. Not sure what this is saying.
The 30 min. The green line is the trade point. The red and blue lines could be misleading as they are pointed straight up at high angles just as they intersect with the green line and the price reverses.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.