@khalidaldarawy, fib levels seem to be accurate & watched by institutions, I would only enter if price closes below the 50% level as it is breaking above currently
khalidaldarawy
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@eazywayout, I placed a pending order which has been triggered but when i saw your comment i closed it immediately fortunately with a profit :) ... why did you specifically picked 50 pips and not another number?
Profound_Ambition
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@khalidaldarawy, nice, & 50 is a good pullback area but not always the most reliable, & I use 4 hour / hourly for fib levels yes
khalidaldarawy
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@eazywayout, also when you say closing below the 50 fib is this on the H1 time frame?
Profound_Ambition
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@khalidaldarawy, usually look at the 4 hour closes on fibonacci