POC re-test Model using Fibonacci Retracement, Candle Open & FibFan Resistance confluence.
Working on the ๐งต about Volume Profile Retest entry trading setups.
First glimpse of Model 1 โ does it need more explanation than this?
$GC $GOLD #XAUUSD SHORT TP1 โ
Range Trading KISS Strategy ๐(KISS = Keep It Stupid Simple)
1โฃ Mark the Pivots
2โฃ Draw TRP Range Extension Zones
3โฃ Sell high & Buy Low โ Target Mid Zone
$BTC $BTCUSD #Bitcoin My Bitcoin bull-run TRP Range
6x return in under 3 years. Pretty happy with that.
What's even more impressive is that the Fibonacci Time Extension from 2022 pointed to October 17, 2025 โ just 10 days off the high. ๐ฅ
What's next?
There are 3 typical scenarios with TRP Ranges:
๐ข Consolidation under the Blue Zone and breakout out of the range.
๐ Retest of the Green then next breakout attempt.
๐ด Return to the middle of the range.
THX @_TraderR for TR Pocket ๐ซก
$BTC $BTCUSDT #Bitcoin ๐
๐Symmetrical ๐stats:
84% probability the real breakout will occur inside The Breakout Zone (61.8-78.6% of the ๐).
Every breakout prior should be considered as possible fake-out. โ๏ธ
#GOLD $XAU $XAUTUSDT My plan for the GOLD ๐
โ๏ธ Looking for these possible scenarios:
๐ก Wyckoff Re-Accumulation Schematic #1 or #2
๐ก WF Re-Accumulation #3 Schematic