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Me2 Mel
Me2 Mel
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Tuesday 13 October 2026 09:22:54 GMT
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When market structure is clear, Fibonacci can help us map potential turning zones instead of chasing price. Using the SK System, we first identify the bearish structure through the formation of LH and LL. We use Fibonacci Extension to project the potential next LL. Price reaches the projected area and forms the new low. Then the market starts a retracement. Using Fibonacci Retracement, we identify the potential LH zone. Price moves into this area and also reacts to the resistance line connecting previous LHs. This confluence creates the area where the next bearish phase begins. The short setup is taken from this zone, while Fibonacci Extension is used to project the target. ⏱️ Timeframe: 15m 📌 Save this setup and study how market structure, Fibonacci and resistance can work together to define a trading zone. #FibonacciTrading #SKSystem #tradingstrategy
When market structure is clear, Fibonacci can help us map potential turning zones instead of chasing price. Using the SK System, we first identify the bearish structure through the formation of LH and LL. We use Fibonacci Extension to project the potential next LL. Price reaches the projected area and forms the new low. Then the market starts a retracement. Using Fibonacci Retracement, we identify the potential LH zone. Price moves into this area and also reacts to the resistance line connecting previous LHs. This confluence creates the area where the next bearish phase begins. The short setup is taken from this zone, while Fibonacci Extension is used to project the target. ⏱️ Timeframe: 15m 📌 Save this setup and study how market structure, Fibonacci and resistance can work together to define a trading zone. #FibonacciTrading #SKSystem #tradingstrategy


Your campsite, your comfort zone! ☕🌄 Kick back and enjoy the outdoors with the TAHAN Flexlite Highback Chair, your perfect companion for laid-back camping moments. 🪑🏕️
Your campsite, your comfort zone! ☕🌄 Kick back and enjoy the outdoors with the TAHAN Flexlite Highback Chair, your perfect companion for laid-back camping moments. 🪑🏕️

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