#Education x @PrimeXBT
Using "Standard Deviation"
One of the tool i use in my daily analysis for confluence explained in the Thread ๐งต below.
1- Wait for the price to run to a HTF PD array
Using "Standard Deviation"
One of the tool i use in my daily analysis for confluence explained in the Thread ๐งต below.
1- Wait for the price to run to a HTF PD array
2- Mark the Manipulation Leg which took those highs
3- Drop to LTF and project the Fibs from High to Low of that Manipulation leg with a displacement. look for the opposite PD array aligned with -2 to -2.5STDV
-2 to -2.5 is the ideal TP zone .. you can leave the runner to -4 aswell
maybe its not the cleanest one, but just wanted to give you the rough idea on how to use this tool..
hope this adds some value in your setups
hope this adds some value in your setups
Loading suggestions...