📐 Fibonacci Retracement — The Golden Levels Where Whales Accumulate 🐋
It’s not magic. It’s math. And it’s insanely accurate.
👉 These levels reveal where to buy the dip before the pump!
Welcome to Episode 10 of:
"Learn Indicators Like a Pro" 🔍
Today’s topic: Fibonacci Retracement — The Hidden Blueprint of Market Pullbacks
🧠 What Is Fibonacci Retracement?
A tool that maps potential pullback zones based on a major price move.
It’s based on Fibonacci ratios:
➡️ 23.6% – 38.2% – 50% – 61.8% – 78.6%
💡 The 61.8% is called the Golden Ratio — where smart money often buys in quietly.
🔍 How It Works:
Identify a strong upward or downward move
Draw the Fib retracement from swing low to swing high (or vice versa)
Watch price react at key levels, especially 38.2%, 50%, and 61.8%
📌 How to Use It in Trading:
✅ Use Fib levels to find entry zones during pullbacks
✅ Combine with support/resistance, candlestick patterns, or indicators like RSI
✅ Best used in trending markets
🚫 Don’t use it in sideways or choppy conditions — wait for clear structure!
🚀 Pro Trading Strategy:
Wait for a breakout → then a pullback
Plot Fib levels → look for confluence with price structure
Enter near 50%–61.8% zone
Stop loss slightly below 78.6%
Take profit at previous high or next resistance
📌 Next Episode: Volume Profile — The Indicator That Shows Where the Big Money Is Stacked 📊🔥
Follow now to unlock how the volume footprint reveals institutional activity!