Pikachu wrote: Fri Apr 24, 2020 5:02 pm

Good question. Well in xard rules it is stated that overbought is 8/8th to +2/8th and oversold 0/8th to -2/8th. So if you bought directly at 1/8th where you can see the blue circle and white Arrow, you take a risk that it can go lower up to oversold area and hence repaint further. I am still experimenting. In the past I did some trades right after the blue/red circles with white arrow but those are risky trades.

In the picture I took the buy trade after the cross which is around at 2/8th but I did not record this with pictures (I forgot). Hence you see only my sell trade after the 7/8th level.

And no I do not trade straight up towards 8/8. Usually I go out when ZigZag Arrow appears. But as far as I can see there are several options for your exit. I am still observing in the last days about those possibilities in different scenarios - in the end depends also on your trading style.

Hope my explanation could clearing some things for you.