$SXT at 0.4 is flashing a Fibonacci Spring signal—a rare pullback into the 0.618 golden pocket (0.5 0.6) after clearing its recent pivot. The 1H chart shows a Bullish Engulfing candle right at the VWAP, confirming institutional bids are defending this zone.
Key Triggers:
Confluence Play: 50EMA + hourly Pivot + 0.618 Fib aligned at 0.3
Liquidity Run: Stops hunted below 0.35 before reversal
The Edge: This isn’t just technicals—it’s orderbook reality. The order flow shows a wall of bids at 0.38 growing exponentially. When this coincides with a Fib spring, the rebound tends to be violent.
Critical: A hold above 0.42 confirms the next leg. Miss this and you’re chasing.