Hello Traders!
To find out if price is in bullish or bearish global trend a half year ACD should be applied.
Only half yearly Initial Balance can do this.
Conditions:
If weekly price stays primarily BELOW HALF YEARLY OPENING RANGE (INITIAL BALANCE - IB ) AND in-between IB and lower A-PIVOT = BEAR MARKET
If weekly price stays primarily ABOVE HALF YEARLY OPENING...