@tradersnotes.ir: After multiple bearish BOS signals, the focus shifts to identifying where the corrective move may end. We draw a corrective resistance trendline and use Fibonacci Extension to locate a potential reaction zone. As price rallies, it reaches the trendline while entering a key Fibonacci area. This confluence strengthens the short setup, but price confirmation remains essential before entry. Once bearish confirmation appears, the short can be managed with a stop above the entry zone, while Fibonacci Extension levels help identify potential targets. 📌 Save this setup: combine trendline resistance, Fibonacci levels, and price confirmation instead of entering based on a single signal. ⏱️ Timeframe: 1H 📕 Traders Notes teaches how to use Fibonacci Extension to identify potential corrective zones and price targets, with video tutorials accessible through QR codes inside the book. #FibonacciExtension #TrendlineTrading #tradingstrategy

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Tuesday 20 October 2026 08:44:31 GMT