Strategy & Education: Trading with Fibonacci and Order BlocksBitcoin / TetherUSBINANCE:BTCUSDTNurlan_PT๐ Trading Strategy Based on Fibonacci Levels and Order Blocks This chart showcases three consecutive sell trades I executed on the BTCUSDT pair, each resulting in a profitable outcome. The purpose of this explanation is to demonstrate how Fibonacci retracement levels can be combined with Order Block zones to identify high-probability trade setups. ๐งฉ The Foundation: Understanding Price Retracement Behavior The ABC, abc, and (a)(b)(c) structures marked on the chart are not Elliott Waves. Instead, these labels are used to represent simple retracement movements in the market. The focus here is not wave theory, but recognizing how price reacts and pulls back after a move, and how we can benefit from these reactions. ๐ Trade 1: Primary Fibo-OB Confluence I drew a Fibonacci retracement from the A wave to the B wave. The price then retraced to the C area, landing between the 0.618 and 0.786 Fibonacci levels, where an Order Block (OB) was also present. This overlap created a strong technical and structural resistance zone. I entered the first sell trade from this confluence. ๐ Trade 2: Internal Retracement and OB Alignment Inside the first corrective move, a smaller abc pattern formed. I applied Fibonacci again from small a to small b. The c leg reached the same key Fibonacci zone (0.618โ0.786) and overlapped with a second OB. This confluence offered a second sell entry. ๐ Trade 3: Micro Structure โ Same Logic Reapplied I repeated the exact same logic one more time on a micro (a)(b)(c) structure. Fibonacci from (a) to (b), price touched 0.618โ0.786, coinciding again with an OB. This became the third and final sell position. ๐ง The Logic Behind the Strategy: Price doesnโt move in straight linesโit flows in waves. During pullbacks, if Fibonacci levels align with Order Block zones, the market tends to react strongly. My focus here was to identify these areas of confluence in advance and enter trades at high-probability turning points.