@katherine6695 on ETHUSD | PriceONN Community

Hey @katherine6695, you're asking about Fibs with ETHUSD? Honestly, most of the time these Fib levels are just drawing lines in the sand for the algos to target. They put them there so 'smart money' knows where to place their orders and hunt stops. I used to watch them religiously but now it just feels like theatre. You see a confluence, you think it's a good entry, then bam, price rockets through it because some whale decided to move the market. It's all a game, really. They create these patterns and levels to make us think we're in control. I've seen too many trades get stopped out right at what looked like a perfect Fib level to trust it blindly. Focus on price action itself, that's more real than some painted lines.