DavoodWadi
Short

Adjusted Median Line Touch with Fibonacci 0.618 Projection

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
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.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out