Breaking down WTXUSDT @blockchain_mane
How I pull fibs
first look for retracements, then from within retracements, look for a range, a reversal pattern, support and resistance.
next, pull long fibs within the range, use volume and moving averages as your guide.
Use your long fibs to check to see if it's respecting price action.
Finally, look for entry and exit idea's, what may happen with price action, scenario A and Scenario B. create a game plane, stick to it.
first look for retracements, then from within retracements, look for a range, a reversal pattern, support and resistance.
next, pull long fibs within the range, use volume and moving averages as your guide.
Use your long fibs to check to see if it's respecting price action.
Finally, look for entry and exit idea's, what may happen with price action, scenario A and Scenario B. create a game plane, stick to it.
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