I have a couple questions, how to draw "correctly" Fibonacci retracement in this strategy.
1) according from strategy, fibo must draw using last two zig zag peaks. How long I must hold
fibonacci ratios from theese peaks or I must redraw fibo later? Ok, I assume this strategy isn't
for trending markets
2) I also draw fibo ratios even I'm in tigth range market(nearly flat) or I must use previos highest and lowest point?
I attached 2 screenshot with exaples
P.S. I didn't use last zig zag peak , because it's where marked stopped on this friday and it may to countinue...