FIBO MUSANG FINAL CHAPTER WORKBOOK

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ENTRY LEVEL 1

1. Entry level 1 is based on daily and there is momentum of price movement.

2. The price moves upwards to form A.

3. Downgrade form B.

4. And again re-break a price to become C.

5. Only body candles are calculated in the breakdown of A-B-C.

6. If A-B-C is applicable then there is 1 pattern.

7. If point c is broken into a new price, the price drop after C becomes B and the
price new to new point C.

8. Every point B that formed will be a strong support zone.

9. The first Zone B is formed in the market movement is the zone B which the
strongest.

10. In the market movement, mark in shadow zone B.

11. And to get entry, change on H4.

12. In H4, the ultimate body candle in the decline forming zone B Taken for point
entry.

13. This concept can be used in timeframe weekly.

14. Zonekan in shadow weekly, change on daily.

15. Zonekan in the shadow daily and exchange on H4, zoning on the last body.

16. To make sure the entry on H4 is valid, candles should not close down from the
zone Marked.

17. Looking at the past market, any increase / decrease will form the pattern A-B-
C.

18. Zone B is used as a place to counter market price, but if there is

Strong momentum, not recommended against zone B.

19. When waiting for entry in zone B, usually take profit for 3 sticks

Candle H4 but no specific take profit.

20. Get familiar with zigzag on charts to make it easy to identify A-B-C

21. Stop loss is placed above / below from zone B in H4.

22. Suitable for market open platform at 8 am.

23. The entry area lvl 1 has the potential to create entry level 2.

24. To pair USD eg au, nu, eu, zonekan shadow in daily and last body in H4.

25. For pairs involving JPY, shadow zones in daily and shadow on H4.

Conclusion

A) Open charts, see daily and look for A-B-C patterns.

B) Mark the zone b and change it to H4.

C) Wait for the return price on zone b in H4 for entry.

CBR TRADING

1. Identify what is candlestick-open-closed, low and high.

2. Low and high indicates the price ever reaches the highest and lowest prices.

3. Candlestick shows sellers and buyers.

4. In market decline, when open candle seller is turned off several candles

Buyer shows an early indicator of trend changes, known as Hidden Engulfing.

5. In market decline, when open candle seller is turned off 1 candle buyer Known
as Engulfing.

6. Understand what 4 items are.

A) Candlestick (engulfing / hidden engulfing).

B) Marking zone in timeframe.

C) Forming pattern in each H4 timeframe is a guide to fibo fox science.

D) Plan entry / tp (ferns give new entry).

Conclusion

A) The understanding of engulfing and hidden engulfing candlestick is very

important in Studying fox science.

B) It should be noted that Engulfing / Hidden Engulfing is just an initial sign.

C) Marking zone should be made so that each time the open chart will appear
clearer what will happen in the market.

DOMINANT AND INITIAL BREAK (IB)

1. Dominant candlestick - where several candles are in 1 candle.

2. An example is 1 candle bull and there are several candle bull / bear appear in
the body

Candle bull.

3. Dominant is divided into 2

A) Reversal

B) Continue trend

4. The candle off is the initial break.

5. Initial breaks are 2

A) 1.Engulfing

B) 2.Hidden engulfing

6. Dominant who cannot turn off the candle before is a continuing trend.

Conclusion

A) The dominant candlestick is a pattern of engulfing and hidden engulfing.

B) Initial break is an early sign for change of trend.

COMFIRMATION / CB1

1. Candlestick is turned off, the seller turns off the bull, the initial break applies.

2. After the initial break, find point B, create the line at point B.

3. If there is a candle that breaks the line point B, B point is called CB1.

4. CB1 gives the confirmation market to change.

5. Wait for the price drop on the zone break for entry.

6. If CB1 is far from H4, look for entries in smaller timeframes.

Conclusion

A) CB1 should break to ensure market direction.

B) Zone entry is in zone initial break after CB1 break.

C) Always see the different timeframes.

ENTRY LEVEL 2 AND ENTRY LEVEL 3

1. Entry 2 occurs when CB1 breaks and comes back to the IB zone (initial break).

2. Entry 3 occurs when the CB2 breaks without coming back after the CB1 break.

3. Zone entry level 3 is on IB and on the first A-B-C pattern.

4. Entry level 3 will do further market movements.

5. CB1 cannot be the same as the level of the initial break zone.

6. In the dominant prior to CB1 breaks, the usual pattern A-B-C will be formed.

7. The use of fibo to search for entries can also be pulled from top to bottom.

8. Level 23.6 is the maximum retest zone.

9. Fibo's use is pulled from low to top also to look for retest zone Major and minor.

10. Find the initial break / cbr key on the major zone to a minor entry.

11. This fibo concept is used for swing entry. Drag fibo from top-low or low peak.
Conclusion

A) Identify where CB1 is before looking for market directions.

B) Entry when CB1 has been broken and the price comes retreated at the zone
break.

C) Entry level 2 needs CB1 price breaks.

D) Entry level 3 require CB1 and CB2 price breaks.

Review

1. Always make marking level 1.

2. From the daily shadow exchange on H4.

3. Engulfing is just an initial sign, not confirmation.

4. Level 2 CB1 break and retest.

5. Level 3 CB2 break and retest.

6. Dominant break is not for entry, but for tp.

7. CB1 is the market travel door.

8. Zone entry is in the IB zone.

ENTRY LEVEL 4

1. Entry in CBR key.

2. Cbr key is cbr that controls the trend.

3. Cbr key is when there is a continuous momentum of more than 3 candles and to

Top (eg cs bull 3x and market for pullback 1 @ 2 cs (eg cs bear, bear), and Ends
with a candle break pullback-cs bull.

4. So apply pattern A-B-C, and B is zone cbr key.

5. Candle that comes after candle C, wait in the cbr key zone to make entry.

6. Entry will be valid as long as no candle is closed outside the cbr key zone.

7. The cbr key concept is suitable for intraday in m30.

Conclusion

A) Identify the cbr key position in the market.

B) Cbr key can be used as a point for price stop or continue trend.

C) Strong key brush on H4.

ENTRY LEVEL 6

1. Entry level 6 on H4.

2. Apply between candle and candle only.

3. When the market makes 1 low, make the horizontal body low.

4. Then go up for bull candlestick and come back bears.

5. Tick horizontally on bear provided bear does not break low.

6. Wait candle bull to kill the bear.

7. So the market has become A-B-C.

8. Zone B is entry zone level 6.

9. This entry should be reminded only of the initial entry.

10. Look dominant / CB1 for certainty.

11. Focus on candles 1 against 1.

12. To make sure the zone entry is valid or not, looks at the smaller timeframe
15m/30m.

Conclusion

A) Entry level 6 is just an initial entry in after the market ends.

B) Zone B is always a zone entry.

CONCLUSION AND DISCUSSION

1. Is cbr.

2. Shows the seller's arrival when the buyer is in momentum.

3. Zone initial breaks show winning ratios between buyers and sellers.

4. The key to cbr is CB1.

5. CB1 is the market door to change.

6. Market moves in zigzag form.

7. The CB1 feature is between high and new high.

8. Zone entry is in the zone of initial break / zone B in pattern A-B-C.

9. When there is a start there will be an end.

10. In the trend of start-ending-pullback-ending pullback-start-ending.

11. Dominant breaks are 2 candles or more breaks dominant.

12. Sop cans

�It is imperative that a bribe zone is shut down

�Break CB1

�Retest

13. Dominant link and CB1 break.

14. Dominant break at H4 then CB1 break at H1.

15. Domino break H1 then CB1 break at 15m.

16. If there is no CB1 in the large timeframe, then it's just a pullback.

17. Pullback applies on smaller timeframe.

18. Measure pullback level with fibo (maximum TP2 @ 261).

19. Fibo is pulled from a break-level body 100 to shadow, level 0.

20. For drop down from body break to upper shadow.

21. For a pull up body break down to the bottom shadow.

22. Find fibo setup at TP1 @ 161 or TP2 @ 261 levels.

23. The pullback setup can be measured by fibo by converting to a small
timeframe.

24. Cb1 break refers to a candle that is capable of breaking in the absence
Dominant.

25. If there is dominant and CB1, pull the fibo in dominance first before CB1.

26. Always look for entries when dating retest and best at zone initial breaks.

27. The guide in fibo is the H4 timeframe.

PARTICIPANT QUESTIONS SESSION

1. See the movement of the EURUSD increase.

2. Measure fibo from below, at least TP2 hit.

3. Complete cycle when the price is in TP2 or complete cycle (423).

4. Strong momentum breaks dominant breaks and CB1 breaks.

5. CB1 is the closest to current prices.

6. Measure fibo from the break body to lower price.

7. For the downgrade CB1 (door) must be break.

8. Cbr key break is CB1.

9. Always measure fibo to find the pullback.

10. Maximum pullback is TP2.

11. See a smaller timeframe to locate the setup. Domain break / CB1 break.

12. Entry only in zone B.

13. If zone B breaks, look at the zone break first for entry.

14. Always look at pattern A-B-C and mark zone B.

15. See GBPUSD.

16. Mark zone B in timeframe 15m.

17. There are sellers turning off the buyer, there is a CB1 break, and retest.

18. Measure fibo from the candle that break CB1.

19. Fibo level parallel to zone B provides a stronger setup.

20. Not necessarily GBPUSD pair down, another xxxUsd pair goes down.

21. Trade with existing setup.

22. Fibo concept can be combined with bbma technique.

23. Fibo in daily can be used for swing.

24. If setup in Daily, find the pullback on the smaller level, H4.

25. At each level of fibo there will be a certain price action.

ENTRY LEVEL 7

1. One candle turns off the initial break (IB) and CB1 continues.

2. Entry follow trend.

3. One candle break IB / CB1 shows a very strong momentum.

ENTRY LEVEL 8

1. Is entry initial break (IB) versus initial break (IB).

2. An example buyer is turned off the seller, and then the seller is rebooted by the
buyer.

3. Wait for the entry in the zone seller which turns the buyer off.

4. Can be used anywhere in the timeframe.

5. Always measure fibo for buy / sell / pullback.

ENTRY LEVEL 9

1. Entry level head and shoulder.

2. Always do exercises to understand.

3. When there is low, new low and CB1, wait in zone initial break for entry.

4. But can precisekan entry at shoulder level (low) for entry

5. Always measure fibo for more accuracy

ENTRY LEVEL 5

1. Valid after entry level 4.

2. After a continuous momentum occurs.

3. There is a pullback and there is a break pullback, zone pullback is entry level 4.

4. There is another break pullback after entry 4, and then it is entry level 5.

5. Measure fibo in parallel with fibo level for entry level zone 4/5.

6. Fibo can be pulled in dominance at smaller timeframe.

EXAMPLE AND EXPLANATION

1. An example of EURUSD.

2. There is CB1 break and retest in IB zone.

3. For fibo check, change the timeframe larger if the fibo level is on the
timeframe smaller passes.

4. If in daily is dominant, in H4 there is CB1.

5. This is the cause of the fibo level at H4 beyond the existing level.

6. Level fibo 216 is not an ending trend as long as no fibo setup is up.

7. Find the dominant break / CB1 in the small timeframe to measure the pullback.

8. View from a large timeframe to a smaller timeframe to search for admission

Buyer in dominant form / CB1 in smaller timeframe.

9. Always measure fibo for pullback or trend and entry opportunities.

AWESOME OSCILLATOR

1. Refers to momentum.

2. Below is a momentum sell.

3. Be on top is momentum buy.

4. Form of sowcer in momentum sell, green colour A0 is pullback.

5. Sowcer exists when there are 2 green bars and there is a red stem.

6. AO is just helping, not looking for entry.

7. Measure fibo to align with the AO pattern.

8. Divergent is the initial signal.

9. Examples of uptrend prices, rising market prices are in line with the rise of AO
(Convergent).

10. When there is a high (new high) but lower AO (divergent) rise.

11. There are some requirements to validate the divergent.

12. Measure fibo to ensure entry with AO for more help.

EXERCISE

1. What is CBR?

2. Explain engulfing and hidden engulfing?

3. Explain the dominant meaning of candlesticks?

4. Entry level 1 only refers to the timeframe ____________

5. What is the difference between the USDXXX pair and JPYXXX on entry Level 1?

6. What is meant by the initial break?

7. Is the initial break valid in the middle of a valid trend?

8. What is the use of zone initial break?

9. To make a change in market direction ________ need to be solved

10. What is CB1?

11. Explain the conditions of candle break 1 (CB1)?

12. What is the CBR key?

13. Explain the terms of the cbr key?

14. Where is the entry zone used in fibo fox concept?

15. What is the difference between entry level 2 and entry level 3?

16. Entry level 3 breaks CB2, CB2 level 3 is on the timeframe ______?

17. Can CB1 be the same with the first break?

18. How to know the pullback in the trend?

19. What is the maximum level of a pullback?

20. What is the entry of entry level 4 and entry level 5?

21. What is the entry level requirement 4?

22. How to attract fibo for downward trend?

23. How to attract fibo for the uptrend?

24. Describe entry level 6

25. Entry level 6 is suitable for use on timeframe_____

26. Describe entry level 7

27. Describe entry level 8

28. Entry level 9 refers to the concept _________

29. What is the use of Awesome Oscillator in the market?

30. What does convergent and divergent mean in an awesome oscillator?

THE BASIC MATTER IN LEARNING FIBO

1. What is CBR- candle break retest?

2. Engulfing and Hidden Engulfing

3. Dominant Candlestick

4. Initial break and initial break type

5. Concept CB1

6. CBR key

7. A-B-C candlestick pattern

8. Basic Trend

9. Awesome Oscillator

WHAT IS CBR?

�CBR is a summary of Candle Break & Retest.

�That is candle during the previous candle break. Bear off the bull and vice versa
�This shows that the buyer / seller has successfully entered the market when the
next cs is off

Engulfing

�Engulfing CS is a reversal CS which is the start of retracement in the trend or

The start of a change in the trend

�Parted to: -

1. Bullish Engulfing

2. Bearish Engulfing
Hidden Engulfing

�Hidden Engulfing is a reversal CS as well as a retracement in the trend

Or the start of a change in the trend

�Parted to: -

1. Hidden Engulfing Bullish

2. Hidden Engulfing Bearish

Dominant Candle Stick

�Dominant CS is a CS mediator either to continue the trend or to make a reversal

�It is a determinant of a retracement in the trend

�Dominant CS is also very closely related to hidden engulfing

Initial Break

Initial breakout is engulfing or hidden engulfing that candles turn off the candle.

Initial breaks are divided into: -

1. One to one break = Candle before 'break' with 1 candle current

2. Domination break = Candle before break in by more than 2 candles

�IB must apply at the beginning of the prevailing trend. IB in the middle is invalid
If it does not meet the fibo level requirement.
�The mid-term IB and the IB are in the beginning is the IB continuing trend

�Zone candle that is turned off by IB named Initial break zone or zone IB

�The value of this zone is to get entries

�Zone Initial breaks must exist before any change of direction occurs

Examples of IB and Zone Ib

The initial break indicates the ability of a seller / buyer to change the market
trend

Candle Break 1 concept (CB1)

CB1 is the first obstacle or resistance that must be solved as the initial signal of
change Trend.

If the market trend changes without break cb1, the change is only temporary.

The break CB1 provides a stronger market direction.

CB1 Terms

1. There are new high after the previous high

2. There is a new low after the previous low

This condition must apply at fibo level for higher accuracy

Invalid CB1 is the same CB1 level with snr with the IB zone
CBR Key

CBR Key refers to a strong movement and is followed by a 1 or 2 cs pullback And

then continuous movement by breaking the Hi / Low pullback.

Cbr key usually happens in the middle of the trend with reenty

CBR Key Terms

�has 3 cs or more in sequence.

�CBR key has 2 entry entry level 4 and entry level 8.

Example CBR key

ENTRY LEVEL FIBO MUSANG

ENTRI LEVEL 1

Entry level 1 is a-b-c candlestick pattern where b is a retracement.

This entry is only used on D1 and H4.

Identify point B in D1 and tick the zone on the candle needle.

1. Mark point B on the Daily timeframe

2. Change the graph on the H4 timeframe; make the horizontal line at the
highest/lowest body candle In the retracement zone b

3. Wait for price retest in horizontal line (zone entry)

ENTRY LEVEL 2

Entry level 2 must follow some requirements.

�Cb1 break

�Entry at zone initial break

ENTRY LEVEL 3

Entry level 3 should follow some requirements.

�Cb1 and Cb2 break

�Entry at zone initial break

Entry level 3 gives more pips as the market will change completely.
ENTRY LEVEL 4

Entry level 4 is cbr key ie reentry

Its features

�There is a 3 candlestick or more momentum

�There is a retracement and breakout

�The last candlestick in retracement is cbr key.

Entry level 5

Occurs after entry level 4 and is connected by another pullback and breakout.
ENTRY LEVEL 6

Entry level 6 is a combination of a-b-c pattern

It happens at the ending retracement market

Mark b areas as zone entry after c breakout a

Zone entry

�Mark the horizontal line at the highest closing cs

�Mark the horizontal line on closing cs B

�Wait for incoming price in the zone for entry.

ENTRY LEVEL 7

Occurs when a momentum is strong and continues to break cb1

This is an entry follow trend

ENTRY LEVEL 8

The emergence of IB signifies the entry of buyers or sellers but is switched off by
another IB

It happens in mid trend as well as re-entry

ENTRY LEVEL 9

Known as entry HnS (head & shoulder). Watch each shoulder as Trend markers may
end

Note left shoulder as entry level

SETTING FIBO MUSANG ELITE

�0 = base zone

�0.12 = alert entry zone

�0.236 = alert entry zone

�0.382 = premature entry

�0.5 = premature entry

�0.786 = alert pullback zone

�0.88 = alert breakout zone

�1.272 = alert premature tp

�1.314 = alert premature tp

�1.618 = alert tp 1

�1.786 = alert ext tp 1

�1.88 = alert ext tp 1

�2.618 = alert tp 2

�2.786 = alert ext tp 2

�2.880 = alert ext tp 2

�4.23 = alert complete cycle zone

�4.786 = alert complete ext cycle zone

�4.88 = alert complete ext cycle zone

Complete Fibo Musang Setting

How to work Fibo Musang

HOW TO FIND FIBO MUSANG

�The basis for fibo foxes elite is as basic as fibo fox.

�Fibo will be pulled based on the dominant break and the nearest SnR break.

�Dominant breaks are cs that are able to get out of the mains and the dominant
should be

Have children cs min 3 sticks cs

�SnR break (aka cb1 break) is cs that can break support or resistance

�Make sure the point is pull from the body that can be closed from the dominant
cs. If it is still strong Market movement Change to cs tail which can break
dominant

�No change to other cs

Dominant Break
Break SNR

Trend

TREND DEFINITIONS

�Basically many people will say the follow trend but the way to see the trend is
subjective.

�The trend is translated as a momentum of strong movements. However every

movement will

Has its ending.

�The trend is also not a straight line structure that has a zigzag structure but It is
not a marker will end. Finally the trend will create a momentum New opposite.
�Many people will use the MA as a trend measurement stick that is a good analysis
If we understand the MA movement.

�Here we will see the trend naturally based on price action.

Examples of trends.

�Generally the trend is divided into 2 namely uptrend and downtrend

�The theory says there will be HLLLLLLLLLLLLLLL High @ Low @Lower High And
Lower Low

�Similarly when the uptrend L�H�HL�HH�HL�HH is Low @ High @ Higher Low And
Higher High

�The next diagram gives enlightenment.

KEY TREND AND HONOR TREND CHANGE DIRECTIONS

�Key trends are also known as cb1

�When CB1 is broken then by analyzing direction (trend door) to switch is open.

�The CB1 breakthrough movement is a strong momentum by buyers or sellers and

This indicates the entry of buyers or sellers in the market.

Example CB 1 break
COMBINATION CB1 BREAK

�Basically fibo is used to see ending trends

�Every level fibo look for cb1 to make sure the ending trend

�Look for new low or new hi

�If there is no new low or new hi then the bullish is temporary.

How to see the ending pullback after cb 1 is solved

CONCLUSION

�Identify CB1 position

�It is between low and new low and also Hi and New Hi

�Make sure cs break break cb1 for direction change

�Normally after break cb1 pullback will happen

�Pullback is also an entry

SECRET (AO)

AWESOME OSCILLATOR

�To understand if the AO is then we need to see if the AO base is.

�AO is built from 2 moving averages of Ma 5 and MA 34

However, both MAs have been converted into histograms and

Giving signal for momentum

�AO gives momentum when there are following characteristics.

1. AO cross 0 line

2. AO forms a higher hill than the next hill

3. AO makes div

�But it should be noted that AO is not for entry.

�The three AO setup above give us a sign that market momentum is still
Continuous or subdued

AO CROSSLINE 0 LINE

�For the first setup of the AO cross 0 line it gives a sign of the buy or sell mode
still Continued until the exchange of AO.

�This is the most basic way to understand AO

�There is a problem here where there are AOs that only make hills or valleys

This minor will be explained in the AO pulllback chapter

Hill AO DELEGATION OF hill BEFORE

[MOMENTUM CONTINUED]
�For this second setup it is a lot happening but it is a sign well continuous
momentum.

�When there is a hill next to the momentum break is still strong and Wait pullback
Ie a small valley. Find support (cbr key) and wait for the buyer to enter.

�Hill or big valley will be momentum up

�no more Able to overcome it.

DIVERGENCE AND MEASURING DIVERGENCE

�For the third setup is div

�Div is divided into 2 namely ��Retracement and Trend Exchange

�Div for Retracement is when the div is in the same valley or hill.

�The Hill makes the High Low but the price makes Higher hi.
�For Div in exchange for trends it should occur within Hill condition And different
valleys.

�For hills it must have 2 different hills

�For the valley it should have 2 different valleys
�Now we have seen how AO tells either retrace or Trend change.

�But there are also situations where we are prohibited from taking any action as it
is not Signal.

�Examples such as:

How to predict Div

�In a strong uptrend situation we are always looking for ways to counter the
trend.

�In the case of a strong monster hill will be very large Then when This is waiting
for pullback arrival