PebbleTrader wrote:Jala,
I guess I'm still not really sure what your colored "pipes" are on the left and right side of the PnF? You say it's daily MZ? What are the "knobs" sticking out of the pipe?
Lol knobs... Sorry Bevis and Butthead moment
That's basically the 50% 38.2% and 23.6% retracements into the mighty zone which as we know in Forex that 61.8% and 75% retracements off the highs are great levels to get back into the game and push for continuation in the direction of profit.