Targets: 1.25 / 1.22 / 1.168
Time landmark: March`20
Distance: 10%
Actions step by step:
1. Find a similar fractal on 3H:
2. Copy that on 45m:
3. Paste it on 3H:
4. Let`s apply Fibo on small element. As we can see, target is 423.6:
5. Now apply Fibo on big element on D1. Target is the same - 423.6.
But given the different volatility, we may not reach this goal. Therefore we can look for closing earlier.
6. And Weekly chart:
Time landmark: March`20
Distance: 10%
Actions step by step:
1. Find a similar fractal on 3H:
2. Copy that on 45m:
3. Paste it on 3H:
4. Let`s apply Fibo on small element. As we can see, target is 423.6:
5. Now apply Fibo on big element on D1. Target is the same - 423.6.
6. And Weekly chart: