hi friends
applied SHIBO indicator on an impulse(Black Arrow) shows that TP1 is Exactly matched with ATH and this is a very good sign.
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What is SHIBO?
I'm researching a method I have named SHIBO.
SHIBO sets the price of the next ceiling(Target, Take Profit ,TP) based on the price movement of power and its correction.
I am examining this method and determining its rules. To date, this method has been very accurate.
Take a look at previous ideas to see how successful they have been.
After I was able to register this method and style in my own name i will reveal Details.
I must first prove that this method is very accurate.
So I put my ideas together so that more people can get acquainted with it
THINK Simple is my approach. there are no more lines and too many shapes on chart. its simple to understand. if you are looking for complicated analysis so community is full of them. I respect them all.
now go to chart
I calculate Stop Loss(Border,SL) and Take Profit(TP1,Tp2,TP3) points based on :
1-price movement
2-price start, high and retracement
3-i don't look for S & R lines(but if you found border line and price are according to them it is a very good Sign)
how to use prediction:
SHIBO show you max of 3 Take Profit line and max 3 border line
the best one is TP1 that has higher winrate
using border line(SL1,SL2,SL3): if price bounce from border line(SL) it could take TARGET but if price break border line and close on it so prediction may fail and stop Reach.
how TP & SL Connected?
the stop Loss for TP1 is SL1
the stop Loss for TP2 is SL2
and so on
please comment and let me know.
applied SHIBO indicator on an impulse(Black Arrow) shows that TP1 is Exactly matched with ATH and this is a very good sign.
----------------------------------
What is SHIBO?
I'm researching a method I have named SHIBO.
SHIBO sets the price of the next ceiling(Target, Take Profit ,TP) based on the price movement of power and its correction.
I am examining this method and determining its rules. To date, this method has been very accurate.
Take a look at previous ideas to see how successful they have been.
After I was able to register this method and style in my own name i will reveal Details.
I must first prove that this method is very accurate.
So I put my ideas together so that more people can get acquainted with it
THINK Simple is my approach. there are no more lines and too many shapes on chart. its simple to understand. if you are looking for complicated analysis so community is full of them. I respect them all.
now go to chart
I calculate Stop Loss(Border,SL) and Take Profit(TP1,Tp2,TP3) points based on :
1-price movement
2-price start, high and retracement
3-i don't look for S & R lines(but if you found border line and price are according to them it is a very good Sign)
how to use prediction:
SHIBO show you max of 3 Take Profit line and max 3 border line
the best one is TP1 that has higher winrate
using border line(SL1,SL2,SL3): if price bounce from border line(SL) it could take TARGET but if price break border line and close on it so prediction may fail and stop Reach.
how TP & SL Connected?
the stop Loss for TP1 is SL1
the stop Loss for TP2 is SL2
and so on
please comment and let me know.
Commentaire:
ALERT - The warning line has been broken several times. The result may be invalid
Commentaire:
Bearish Pennant Pattern is forming....
Trade fermée: ordre d’arrêt atteint
