Prophet Target -
This is a new model, it suggests that the market price will retest the last price move. If the market made a low, you may see a bounce, then a retest on the same bar, or the next 1 or 2 bars.
This happens A LOT!
How to trade this model?
If the market makes it move, you can do 2 things? 1. Wait for the bounce and then enter with a target of the recent move. 2. If already in the move, then wait for the bounce and use the price level as a target as a possible exit.
Past performance is not necessarily indicative of future results.
Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.