Jul 30 13CCI crossed up thru down-trendine, the signal for Long, as described in previous post
Short signal would be a CCI break of an Up-trendline
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and Jul 28
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On Ju 31, ~41K, there is a legitimate CCI tlb for short, but it takes experience to know or trust the steep tl's. I mention it so you can use them but be nimble. For this forum tho, I add the requirement for shorting, that 100CCI (red) cross inside the CCI +100, which has not yet happened but it looks likely. If that short signal does appear, be very ready to switch back to long as soon as CCI again crosses up thru a downtrendline, as a price move up there could be bigger than the move up from 29k.
SO the way I overcome this is to use two-time frame charts that are close together; when the CCI is going in the same direction on both charts, it's time for a decision.
TaylorFX16
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can you elaborate more on how you look at the signal? (which color line on the cci crosses with the black)
nicker
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@TaylorFX16, Just saw your question. I draw trendline on 13CCI (the solid mountain on this chart) starting at highs and touching next lower CCI high. It is gray on this chart. As we get closer to a turn, move the top of trendline ddown to the lower high, because a trendline gets steeper and steeper before CCI crosses up thru a downtrendline. This gets you in much earlier than the original trendline
Opposite for shorts
On Jul 30the H4 CCI had a divergence (lower high) and retested the price high. That is a short signal as soon as 13 CCI crosses insidee +100. That occurred ~42,500 price. I am sorry I can't manage daily or H4 updates. Just learn and trust the trendlines