There was a terrific example of the Wave Finder working on DOW today, looking for confluence of Target Zones.
"M15 1" and "H4 1" are the auto-plotted target zone 1 from the 15minute and 4 hour charts, shown here on the M1 chart. Combined, they make a very nice price magnet and possible area of SR - in this case, the H4 was a previous bullish TZ; the M15 was the bearish - in exact alignment.
What happened when price got there ...
An instant reversal, offering a very nice R:R trade, for those brave enough to take it.
See June blog post for more info.
18/7/2019 05:52:18 pm
Love it TTC...
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