Thanks I'll look for it on youtube. We'll call it the HW snapback method" unless you got a better new and shorter name for it, but it's a pretty common and substantial point of support/resistance on a chart that I'll be quickly scanning for in the future. With TDI wave counting I'd need an equally sound price area to look for before I could ever become comfortable taking trades based on an ever evolving count which is so sloppy in price action.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.