Fib 0.618 as Sniper Entry
We Use Zones as Support and Resistance and we saw the break and retest of it
Using FIB 0.618 as Sniper Entry, we got it as a super clean entry
As You can see on GBPUSD on the Hourly Timeframe, It's Consolidating on 0.50 Fib Zone on the Daily Timeframe, It needs to Push up on 0.618 Fib Zone (Pivot Point) On the Daily Timeframe to get a sniper entry which Will hit the resistance before falling hard
Based on technical analysis, GBPAUD loves respecting double top. So am waiting for a push back up to form a soliding double top before entering for a sell