@matthew1994 - GBPUSD | PriceONN Topluluk

Hey @matthew1994, I get what you mean about Fibs being tricky. For GBPUSD, I usually look at key swing highs and lows on the H4 or even D1 charts to draw them. Don't just blindly apply them everywhere. Sometimes, the market doesn't respect them perfectly, especially during choppy sessions like this Asian one. Check out the 50% and 61.8% retracement levels. If price pulls back to those after a clear move up, and you see some rejection or maybe an order block nearby, that's often a good spot to consider an entry. But always, always have your stop loss in place, maybe just below the swing low or the 78.6% level if you're feeling brave. Don't try to catch falling knives though, wait for confirmation candles, like a bullish engulfing or a pin bar. It's more about confluence with other factors than just the Fib line itself.