PB Setup

Lets look at our 4th trading setup i.e. PB Setup.

In the above chart you can see the pullback of the uptrend with low volume which retraces the Fibonacci retracement of 38% and at the same location we got support zone. That’s our cue to enter long similarly for downtrend but reverse.

That concludes our PB setup in the next we see the last CPB Setup.