INVITE-ONLY SCRIPT
Target Zones & Ribbons
Trend based on moving averages, indicated by ribbon, and profit zones based on re-tracement zones of Fibonacci.
Target Zones
- 38% is TP1 - first line break
- 62% is TP2 - second line break
Ribbon can be used to identify the trend:
-Price action below ribbon is bearish
-Price action above is bullish
-Price will likely bounce off ribbon once for a continuation of trend, unless trends breaks ribbon, signals for reversal.
Please PM me for use, testing only.
This indicator is meant to be used with the following.
Target Zones
- 38% is TP1 - first line break
- 62% is TP2 - second line break
Ribbon can be used to identify the trend:
-Price action below ribbon is bearish
-Price action above is bullish
-Price will likely bounce off ribbon once for a continuation of trend, unless trends breaks ribbon, signals for reversal.
Please PM me for use, testing only.
This indicator is meant to be used with the following.
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