The number 3 in the bubble confirms the buy or sells entry in the currency pair. When the indicator prints 1 in the bubble it means trend continuation and when it changes to number 2 it means imminent trend change may take place at in the currency pair. Read Also : Advanced CCI trading strategy with Fibonacci retracement tools The 3 Level ZZ semafor indicators give possible three reading with three numbers. The upper band of the Bollinger band indicator acts as the dynamic resistance level and lower band acts as the dynamic support level of the pair. Trader uses the Bollinger band indicator along with the 3 Level ZZ semafor indicator for much more reliable trading entry. Let’s see how traders use the 3 Level ZZ semafor indicator in their day trading method.įigure: Powerful trading strategy with 3 Level ZZ semafor indicators
In this trading strategy experts also use the Bollinger band which acts as the dynamic support and resistance level and creates unique buying and selling opportunity in confluence with 3 Level ZZ semafor indicators. This indicator help traders to pin out the exact potential buying and selling zone in any currency pair. In the hands of advanced coders trading has been much easier with the use of 3 Level ZZ semafor indicator. Mastering the wave theory require extreme patience and keen knowledge of support and resistance level. Trading the currency pair with the advanced knowledge of Elliot wave theory has always been an advantage.
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