How are you referring to fibonacci levels as untested? https://www.researchgate.net/public...i_Sequences_in_Technical_analysis_and_trading The Fibonacci sequence, and golden ratio is found all throughout nature...even in our DNA! https://www.mathnasium.com/blog/golden-ratio-in-nature
Trading Fibonacci levels with pattern recognition is NOT a science, it is an art only gained by watching thousands of hours of charts , or by a Mentor who fully under stands the product your trading.
No need to regurgitate what I've stated elsewhere, but Fibs are for pussies. Oh, should I get in at 38.2? Or 50? Shit, don't tell me it's 61.8!! Hell, you just might as well throw darts on the wall. Go learn price action. No need to second guess. No BS and straight to the point.
I suppose you are going to say use S&R intead??? lol Price action doesn't exist...at least not the way you think it does...and neither do S&R levels btw. (Candlesticks however can be useful...but I doubt you can read them.)
I think you need to calm down. If you cant read Pattern recognition /Price action with fib levels ,,Well how do you you trade?
He doesn't...he just trolls people who can. He'll probably say he uses S&R, order blocks or stages lol...all very crude forms of TA. The green block would be labelled as an order block...when really its an abc with fib levels. I think order block people would call this block mitigated already...I forget whatever the nonsense rules are.