H4 says some bearish move before take off.

FX:EURUSD   Euro / U.S. Dollar
127 4 6
i am long upon retracement to level mentioned in the chart.
Trade closed: target reached
are you bearish now?
arif_awan FXJakovskii
i was not bearish i was looking for long upon some down move for good bullish entry.
Could you explain why did you chose those levels?
these are Fibonacci level ratios. from recent high and lows. most of the time i use 61.8
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