Hi all,
After having to finish school of pipsology and reading the Cowabunga System, I don’t understand how do I see the main trend on a 4 hour chart in Cowabunga System.
The main trend on the 4 hour chart based on how many candle sticks ? Because in some cases the previous 1 to 4 sticks might be showing a trend up, but the previous 5 to 10 candle sticks might be showing a trend down.
In general you see the graph as going down , and then up again. How do we decide whether is a down or up in this case ?
Any help will be greatly appreciated. Thank you in advance.