Seems like the arrows were there, just not where I expected?
For reference I was browsing through 1M -1H on XAUUSD, on every other pair I can see the arrow sometimes, however it does not show all the time, I increased the bars and scrolled back on pairs where I didn't see any, so I conclude perhaps I don't understand the criteria fully which spawns an arrow my mistake
Cagliostro!
That aside, does anyone like fibonacci pivots? I figure since we're trading on a fib, may as well add one last bit of confluence to it..! (I just like them personally)
In a nut shell, 38-78 are your common reversal zones, so I figure the closer the weekly pivots with these numbers are to the top or bottom of the auto fib box, the more likely it is to hold, not guaranteed of course but, giving just another edge.
Anything that trades to the 100 typically hard reverses after, however if the 78 holds, and the 100 is blown through, you can often see a rise to 138, and in rare cases, 161, or 200 normally on those high news days this happens.
Any thoughts? Is it just extra clutter?! I personally like them and I think they fit this system, but alas I'm biased as they typically chart my entire week.