Type
Live
Date
October 29, 2020
Pair
#us30
TP1
5
TP2
Concepts
#trendline#ZigZag#fib_extension
TRADE RESULT
BIAS & PAZ
COMPLETED WAVE
NOTES
Market was in a bullish trend, clearly going for the last significant high when it created the large #zigzag correction on the 8H timeframe. In this example the trade was executed on the 8H timeframe without dropping to the lower timeframe for entries at the 113 extension and trendline retest. But this would've been a great PAZ to drop to the LTF and look for a RP to refine your entry and get an even higher reward ratio entry.