Hi everyone,
If you've followed my ideas, you're probably familiar with the SHIBO indicator that predicts price after an impulse. In this weekly chart, I used two SHIBO indicators on two impulses and found some interesting results.
The leftmost indicator, prefixed with 'A', represents a 4-week uptrend. The SHIBO predicted that the price would reach the AR1 green line, and as you can see, the price reacted to that line.
I drew another SHIBO indicator on a powerful impulse, prefixed with 'B'. Please note the blue arrows.
I hope this helps clarify the use of the SHIBO indicator in predicting price movements. If you have any questions, feel free to ask!
If you've followed my ideas, you're probably familiar with the SHIBO indicator that predicts price after an impulse. In this weekly chart, I used two SHIBO indicators on two impulses and found some interesting results.
The leftmost indicator, prefixed with 'A', represents a 4-week uptrend. The SHIBO predicted that the price would reach the AR1 green line, and as you can see, the price reacted to that line.
I drew another SHIBO indicator on a powerful impulse, prefixed with 'B'. Please note the blue arrows.
I hope this helps clarify the use of the SHIBO indicator in predicting price movements. If you have any questions, feel free to ask!
Nota
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the one Best
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.