I do agree, but there is a reason for the lines. The blue lines, ONH and ONL are simply the highest price overnight, and the lowest, so these aren't arbitrary. What makes the ONL at 51.50 so juicy is price bounced off twice before the open, and when it comes down to here again a third time, the buying is intense. How you get into that move though is tricky given that price didn't hit the level, and went up so quickly. But the point is, those two lines aren't all that arbitrary.
Same this with the cyan line at 64. Look at how many times price bounced off from there and went higher. There is an art to finding a range, I agree, but I much more prefer horizontal lines than diagonal ones because the diagonal ones are quite subjective. The horizontal ones are in the market as these are prices that traders were no longer willing to pay.
The fact that you mention the other swing points just means that overnight, we had lower highs, and this to me is a clue as well.
But I'm with you B1S2 in your quest for proof. Without real time calls and the demonstration that you can take trades based on this and be consistently profitable, then none of this matters.
