Look heavily at the 0.618 and 0.705 retracement levels for high-probability bounce or reversal setups. 📋 3. Step-by-Step Analysis Routine
A proper guide mapped to this methodology follows a strict, repeatable execution routine whenever analyzing a trade.
Identify if the asset is printing higher highs/higher lows or lower highs/lower lows.
If analyzing a risk asset (like tech stocks or Bitcoin), look for inverse correlations in the U.S. Dollar Index (DXY) and bonds.