Profit on Downward Trend?

I just saw someone demonstrating an ABCD method (using FIB lines on a 5 minute chart) to make a very nice profit but, my question is, he got in @ let’s say 1.34500 and got out at 1.34400. How did he make money if it went down? I’m confused. Maybe I missed something. Can someone please advise? Thanx!

You can buy(long) or sell(short). So in your example he shorted at 1.3450 and got out a 100 pips later.

read the school, its pretty clear.