Do you use MT fibo tool or some indi ? Thanks for you analysis and explanations , very helpful .
For the NZDUSD chart , I use the MT4 fibo tool. Just add the addtional % levels you want to see. Draw each day using the high - low.
I am working on an indicator which will draw these automatically and also in historical charts for analysis and back-testing purpose. Still a little 'buggy' right now and I need to clean up some coding.
I thought this would help us to see how price move and to pick some trades when we do not have the usual S3 H1 LO and NYO type of setups.