Many traders wonder how to predict price movements with precision. Today, I’m revealing the key strategy that has enabled me to make accurate market forecasts. By following this approach, you can analyze the market independently, without relying on external opinions. Here’s the formula for success:
📊 Core Trading Principles
🔹 Pattern Recognition – Identifying repetitive market structures like descending scallops and corrective waves.
🔹 Fibonacci Retracements – Utilizing 0.5 and 0.618 retracement levels for high-probability price reactions.
🔹 4-Hour Chart Analysis – Observing market trends from a medium-term perspective to enhance accuracy.
📈 Case Study: $PENGU Price Predictions
🔹 First Prediction:
$P$PENGU clined from $0.043 to $0.028 (a 35% drop).
A descending scallop pattern formed, signaling a corrective phase.
Using Fibonacci retracements, the price corrected to the 0.5 or 0.618 levels, aligning with historical patterns.
Once the correction completed, the price resumed its trend and created a new structure.
🔹 Second Prediction:
After breaking previous support, I applied a price range tool to estimate another 35% decline.
As predicted, the market reached the calculated $0.0173 target before rebounding.
Once again, the Fibonacci retracement method validated the reversal.
🔮 Applying This to Future Trades
This methodology is not exclusive to $PENGU—it also worked on $SPELL, which experienced a 38% drop, followed by a 38% recovery after hitting Fibonacci retracement levels. The same principles apply across multiple assets, including $ACH.
✅ Key Takeaways for Traders
✔️ Use 4-hour candlestick charts for detailed market analysis.
✔️ Identify common patterns like descending scallops and corrective structures.
✔️ Apply Fibonacci retracements, focusing on 0.5 and 0.618 levels.
✔️ Recognize historical price movements, as they often repeat over time.
Mastering this strategy allows you to anticipate market movements with confidence. Explore further insights on my profile for additional case studies and real-time analyses! 🚀
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