When a breakout happens and you want to enter on pullback of price, it can be difficult to spot the pullback.

The fibonacci retracement is an accurate tool to use for trading pullbacks, and knowing when they will happen.

Here’s how you can use it, step by step;
1. Select the fibonacci retracement
2. Select the low (or high)
3. Drag to the high (or low)
4. Pullback at 0.382

@CryptoTrades #education #trading #fibonacciretracement #signals #cryptotradespremium #winningsignals

Bearish pin bar candlestick gives traders clues for a bearish reversal in the market.

The long wick at the top shows traders that price is rejecting to go higher.

Therefore, if this pattern occurs at the end of an uptrend, it is a very accurate signal to go short (or sell).

This works particular well on higher time frames.

@CryptoTrades #education #trading #bearishpinbar #signals #cryptotradespremium #winningsignals