I'm really liking the look of this projection for an impulse wave UP for NZDUSD.
The wave 2 retrace was just barely shy of 61.8%. Would have liked a touch, there, but it's close enough to play in my game.
Fib projected targets line up beautifully with visual support and resistance levels, as well as volume profile value areas and POCs.
I'm going to jump in and out of this, going long, for the next couple of trading days, when my algorithm signals!
Included pitchfork has some very accurate touches, visible on lower time frames. Check it out!
The wave 2 retrace was just barely shy of 61.8%. Would have liked a touch, there, but it's close enough to play in my game.
Fib projected targets line up beautifully with visual support and resistance levels, as well as volume profile value areas and POCs.
I'm going to jump in and out of this, going long, for the next couple of trading days, when my algorithm signals!
Included pitchfork has some very accurate touches, visible on lower time frames. Check it out!
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Crushed the targets on this one! And quickly! This is what I love.
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Performed very well!