To add to what Mike said...
Only mark obvious PPZs. The PPZ you have on your chart does not stand out on the weekly timeframe (it probably stands out on the daily timeframe). 1.87 is the closest weekly PPZ I see on the upside. Interesting enough, there is likely to be 150 EMA confluence as well.
I posted a chart for reference.
Scott
Only mark obvious PPZs. The PPZ you have on your chart does not stand out on the weekly timeframe (it probably stands out on the daily timeframe). 1.87 is the closest weekly PPZ I see on the upside. Interesting enough, there is likely to be 150 EMA confluence as well.
I posted a chart for reference.
Scott
DislikedMike/Jarroo,
What do you guys think of the Weekly EURNZD setup? A nice Pin Bar with
1. Previous SR
2. 50% fib ret
What kind of setup is this A/A+/B?
Thanks,
AmarIgnored