$ETH What is Range?
Each candle = one range.
Range = High - Low of the candle.
Using Range in Black Fox:
Now that we know what range is, how do we use it?
The market is fractal — one HTF candle = many LTF candles.
This gives us powerful setups.
🪳Black Fox Range Protocol:
With fractals and range in mind, here’s how to shape the trade.
🪳Fibonacci Tool Setup:
Apply the Fib tool with:
0% – 25% – 50% – 75% – 100%
Now we evaluate the candles.
🪳Bearish Range Evaluation:
Price rejecting from 25%-50% = strong drop.
Retracement exceeding 75% = weak.
🪳Bullish Range Evaluation:
Retracing to 25%-50% = strong rise.
Retracing deeper = weaker.
That's it. 2 candles. No indicators. Maximum accuracy.
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