Gives me a Trade Frame start point see my post aboveOriginally Posted by ;
Mastermind you're welcomedOriginally Posted by ;
Hurst Bands or Dominancy Envelopes allow us to rationalize and hierarchize Tops and Bottoms, Waves annd Cycles.
Hereunder in green you see 3 Ascending Valid Trend Lines drawn between two consecutive bottoms of the same order, level, nature.
Here the bottoms noted B1 are bottoms that are on or very close of the lower limit of the Envelope 32 Time Units.
Provided that Price Action is over the corresponding Ascending VTL , we could say that Trend is UP.
When Price Action violates the Ascending VTL about the disadvantage this generates a cyclical Action Signal and in this case on confirmation of Price Action a Brief Position.
You are able to observe that a few bottoms have been also noted B3. This means that those bottoms are on or very near from the lower limit of the Envelope 256 Time Components (in brown)
The thickness or Amplitude of the Envelope 256 is (in this instance) equivalent to two Octaves