For this trade, I used Fibonacci retracement levels on $LINK after a sharp rally. It pulled back to the 61.8% level near $12.75, which aligned with a 4H demand zone and previous consolidation. I went long with a stop at $12.20 and a target of $13.70. It hit target within 36 hours. The setup was clean: price rejection candle + volume spike + RSI near oversold. I always journal trades like these because they reinforce discipline. Fibonacci alone isn’t magical—but combined with price action and confluence zones, it becomes a powerful confirmation tool in your strategy playbook.
