Humble wrote:es/pip how do you decide when to draw a zl from the body of a hugging candle and when to draw it from the extreme?
In your chart on page 422 the lower zl was drawn from the body and this became a S&R line, whilst the higher zl was drawn from the extreme and stayed a zl.
In this case every which way would have worked but that's not usually the case. Do you adjust the zl line if it becomes S&R?
Sometimes when you draw zl on higher timeframe, it can appear at high/low of lower timeframe.
But es/pip might have better answer.