Which zone to consider?
Hello team
I am practicing and I came up with this situation. I draw my zone (in red) on 1h chart and went to 5 minutes. when I break the first fractal I draw a line and a zone ( gray) waiting for the price to come back. In the meantime, price created a new fractal without touching my first zone. Price keep moving up and break up the second fractal creating a new zone (purple). Price finally touched second zone and went up. My question is does the later fractal usually eliminate the earlier one (s)?. Thank you
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3 comments
Jean Etienne
3
Which zone to consider?
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