Hello friends
I used the Shibo method on the 4-hour Binance chart. If the price continues to fall And crosses the border line can meet three purple price Notes.
If it did not cross the specified border line and continued its upward trend It can reach up to 775 blue Price Note.
ALERT:trade on your risk
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SHIBO method is Invented and is Under Develope and Test.
I calculate Border line and Take profit points(Price note Labels) based on :
1-price movement
2-price start, high and retracement
3-market state( bullish or bearish )
4-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)
5-GREEN PRICE Labels are Targets that Reached in previous predictions
6-RED PRICE Labels are those cancelled or Stopped
7-BLUE PRICE Labels are in progress