Hello my listeners!
I have a new Idea and a new method and a new trading plan.
The method I call Reverse Fibonacci or Beauty Reverse engineering.
The assumption: everything is beautiful and should become even more beautiful.
So let's assume that the first stage of process has passed and as it is beautiful it
stopped at 0.618
Now we can easily find the final stage! Voila
The idea would be proofed and valid if we will move down from
0.618 to 0.768 to gain some CHOP, RSI, and so on. Bull div would be welcome.
Visible OB on the chart proof my concept.
Attention! This Idea can and should be used ONLY as a piece of your own research!
Kind wishes to all my smart followers!