Method - Proof of Concept.
Using the #1 Constant Bearish Fib setup [Blue Circles] with the Caveat applied to the starting marker A [Top-Left / Most Recent Highest-High], to B [Bottom / Most Recent Lowest-Low], it projects the target at C [0.236 Retracement Level].
The same fib also shows confirmation using the #3 Constant [Pink Circles] from A [0] to C [0.236] to to project the low at B [1].
ENTRY : $296.37
TARGET : $420.00
PnL : 44.80% [Reduced to keep exit below C [0.236].
Using the #1 Constant Bearish Fib setup [Blue Circles] with the Caveat applied to the starting marker A [Top-Left / Most Recent Highest-High], to B [Bottom / Most Recent Lowest-Low], it projects the target at C [0.236 Retracement Level].
The same fib also shows confirmation using the #3 Constant [Pink Circles] from A [0] to C [0.236] to to project the low at B [1].
ENTRY : $296.37
TARGET : $420.00
PnL : 44.80% [Reduced to keep exit below C [0.236].
Note
Key level:There's a smaller fib cycle contained in this fractal that has a target at $340.00.
That would be the first scalp target and serve as confirmation of the higher target once the price moves above this level.
Trade Setup:
youtu.be/xLSEEg2cXp4
Custom target requests:
Telegram : Rebelmedia
SOL ADDRESS:
Bk5aMRndanC8SE71fnuLUAtcFyc3VQkYbWyeMnZnaPPZ
Direct & ongoing collaboration and trade monitoring:
20% Profit Share.
Once PnL = Principal, bank it.
Custom target requests:
Telegram : Rebelmedia
SOL ADDRESS:
Bk5aMRndanC8SE71fnuLUAtcFyc3VQkYbWyeMnZnaPPZ
Direct & ongoing collaboration and trade monitoring:
20% Profit Share.
Once PnL = Principal, bank it.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
youtu.be/xLSEEg2cXp4
Custom target requests:
Telegram : Rebelmedia
SOL ADDRESS:
Bk5aMRndanC8SE71fnuLUAtcFyc3VQkYbWyeMnZnaPPZ
Direct & ongoing collaboration and trade monitoring:
20% Profit Share.
Once PnL = Principal, bank it.
Custom target requests:
Telegram : Rebelmedia
SOL ADDRESS:
Bk5aMRndanC8SE71fnuLUAtcFyc3VQkYbWyeMnZnaPPZ
Direct & ongoing collaboration and trade monitoring:
20% Profit Share.
Once PnL = Principal, bank it.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.