Hello friends
If you’ve ever followed my technical analysis , you must have noticed that I have always used the Shibo algorithm in my analysis.
The Shibo algorithm determines the supports and resistances precisely based on the price movement trend.
In this analysis, the first and third supports and the first resistance are identified.
You can see that the third support is aligned with the previous floor and the first resistance is aligned with the previous ceiling.
The correction of this pulse is done up to the POC line.
Calculations are performed based on Shibo algorithm and having the beginning and end points of a strong price movement and important points are obtained. If these lines match the supports and resistances in the chart, the winning percentage will be high.
This combination with the volume profile indicator will increase your accuracy percentage in technical analysis .

To prove the accuracy of this algorithm in accurately identifying the prices ahead, be sure to see the previous analysis.