23/05/2026
In this analysis (30-minute timeframe), the market first changes the bearish to bullish structure with a CHoCH;
This restructuring is the first sign of the influx of smart money into the buying side.
But the professional trader doesn't come in at this point...
Rather, it is waiting for a logical and measurable correction.
Using the Fibonacci retracement, the possible areas of price reversal are identified;
Then, with the Fibonacci extension, the next market targets are precisely determined.
Key point of this scenario:
The price movement is in the form of a regular ascending channel,
This makes the changes structured and predictable.
In the second correction, when the price reaches the Discount Zone and aligns with the support of the channel:
The best position for a purchase entry is formed.
Entry: Second Correctional District
Stop Loss: Under the Floor of the Structure
Objective: Fibonacci extension and channel ceiling
This is where the combination of the + Fibonacci structure,
It provides us with a precise setup with a high probability of success.
📕 In the book "Traders Notes", we are taught how to combine CHoCH with Fibonacci and determine the optimal entry zones in a step-by-step manner.
👈 To receive the Traders Notes book, write the word 'book' in the comments.
