DislikedJarroo
My ppz are pale blue lines with the arrows - def a bit of space for trade but size of previous bullish bars put me off compared with the size of the pin. Having said that I am still getting to grips with my ppz and hoping to learn a lot from your expertise.
kalIgnored
Sorry for the delay. . .
You are correct Kalbar, I would not consider this PB on the Daily Usd/Chf an A+ setup. Its not that big . . its at a bit of a swing high but not open enough to give it some Space, etc. But the story was "A" quality to me.
The yellow box of consolidation aided in the story to this PB. (See more info on boxes from Mike (mbqb11).
Also the Weekly BEOB, trading with the trend , and at a 50% ret level (no shown) added confluence to this story.
Hopefully this chart helps.
Your PPZ levels look good, Kalbar. Ive add other comments about PPZ levels to the chart to help you fine tune them.
Jim
Indicators show the past. Price Action "Indicates" the future.