hi
i will share this new concept fpr trading the 1 hour timeframe with zig zag as a simple rule
what you do is this ,
the most recent zig zag must be a minimum of 50 pips from high to low or low to high ,
then you project the trendline from the swing low to 1/3 of the way , this is the area which is close to the 90 degree angle
attached a live trade on AU
have a look
i will share this new concept fpr trading the 1 hour timeframe with zig zag as a simple rule
what you do is this ,
the most recent zig zag must be a minimum of 50 pips from high to low or low to high ,
then you project the trendline from the swing low to 1/3 of the way , this is the area which is close to the 90 degree angle
attached a live trade on AU
have a look