The levels are hard to get and take time. There all levels on all timeframes and depending on which timeframe you are looking at, the cycle may not complete or it can continue beyond 3 levels. This is because there are resets so that other timeframe cycles complete. If that makes sense. Levels take some time to understand how to track properly. But...like Steve says, the patterns are more important then the levelsIS this strategy still working? is it profitable? I am struggling with counting levels. It seems to me that whenever there should be a peak formation there is another level of rise or drop. or if I see fpr example second level of drop or rise, I expect for a third level, bet it reverses on me.