Just like magic isn't it!..I`m going to focus more on seeing a definite long term low and a higher low before the GC and Fib retrace..and also will look for the retrace to line up with the 65 ema (or at least be very close to the 65 ema, a few pips either way)..a 50% zig zag retrace to the 65 ema is perfect, but lesser times its a 62% and 65 ema line up...so I think were looking for the Fib retrace to be of wave 1 of 3 in these examples.. has that been your experience?
3DP will be probably a good one in the near future, dont know where the high is yet for this run but will be ready and waiting at the retrace!, its also had a couple of similar set up /breakouts in the past.![]()
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