You got a pretty tight handle on your strategy there bb. Just goes to show what a thorough understanding & appreciation of your instrument(s) can achieve if you put the work in & it fits your trading style like a glove.
The divergence framework throws up regular opportunities on the pairs, & even something simple like an RSI can assist in weeding out prospective entries on the smaller timeframes at these reactionary s&r zones.
The 2.0460 level has signalled a couple of glaring home runs this month utilizing this assistor, as has the lower range floor at 2.0270.
For those seeking a minimal, uncomplicated addition to their arsenal, they could do a lot worse than to haul something like this up to help shine a light or two if they preferred to execute via the sub hourlies.
Like anything else, they’ll obviously work best if one possesses a decent understanding & appreciation of your preferred pairs behaviour etc, but I guess that’s a given whatever your method.
Common example today on the Cable, legging into early Frankfurt trade, & out prior to the 1st Stateside data print at 8.30 for a low stress +40.
There were a couple more set ups across the Yen crosses earlier also – but then these type of set ups trigger regularly across the trading week.