🎯 Fibonacci Retracement — The Golden Ratio That Predicts Market Turns!
Ever wonder why price reverses at specific levels? It’s not magic — it’s math.
👉 This tool helps you catch perfect entries in the middle of trends 📈📉
Welcome to Episode 23 of:
"Learn Indicators Like a Pro" 🔍
Today’s topic: Fibonacci Retracement — Trade Like the Market Is Pre-Planned
🧠 What is Fibonacci Retracement?
Based on the famous Fibonacci sequence, this tool identifies key levels where price may:
Retrace (pull back)
Bounce
Or reverse
Most-used retracement levels:
0.236 – 0.382 – 0.5 – 0.618 – 0.786
🔮 0.618 is called “The Golden Ratio” — price LOVES to bounce here!
🔧 How to Use It:
Identify a clear move (up or down)
Use the Fib tool to draw from:
Swing low → swing high (in uptrend)
Swing high → swing low (in downtrend)
Watch how price reacts at each level
📌 Powerful Trade Setups:
✅ Pullback Entry
Enter on 0.5 or 0.618 retracement — strong bounce zones
💡 Combine with candle patterns or RSI oversold
✅ Break-and-Retest Strategy
Price breaks resistance → retraces to 0.382 or 0.5 → bounce = perfect entry!
✅ Confluence Zones
If Fib level aligns with:
Support/resistance
Trendline
EMA
🔥 You’ve got a HIGH-probABILITY trade!
⚠️ Pro Tips:
✅ Use on 1H, 4H, or Daily for best results
✅ Works beautifully in trending markets
❌ Avoid in flat/ranging conditions
✅ Combine with RSI, MACD, or Volume Profile for confirmation
📌 Next Episode: VWAP — The Institutional Anchor That Reveals Fair Value 🎯📊
Follow now to unlock how whales use VWAP to buy low and sell high — with sniper precision!