Adjusted Median Line Touch with Fibonacci 0.618 Projection
Hello Ladies and Gentlemen,
Last day we had chaotic selling of USD which pretty much looked like the C leg of an ABC correction.
The drop in DXY ended yesterday also, with C leg being shy of 1.00 times A leg.
Now I have a short setup in NZDUSD (and even a better one in AUDUSD) and it's combined with Median Lines for synergy.
( Borrowed the word from Jim Kane's book on Median Lines which i also learned this technique. )
I tried to project the this correction from an old correction which is much bigger than this one both time-wise and price-wise.
Now, the incredible thing is how the median line has been touched to the pip and bounced.
I wish you guys a profitable week.
Don't Trade My Ideas Please.
Take Care.
Last day we had chaotic selling of USD which pretty much looked like the C leg of an ABC correction.
The drop in DXY ended yesterday also, with C leg being shy of 1.00 times A leg.
Now I have a short setup in NZDUSD (and even a better one in AUDUSD) and it's combined with Median Lines for synergy.
( Borrowed the word from Jim Kane's book on Median Lines which i also learned this technique. )
I tried to project the this correction from an old correction which is much bigger than this one both time-wise and price-wise.
Now, the incredible thing is how the median line has been touched to the pip and bounced.
I wish you guys a profitable week.
Don't Trade My Ideas Please.
Take Care.