Many people treat Fibonacci retracement as a "tool for predicting market trends."

But skilled traders never just stare at the numbers—they look at the quality of pullbacks within the trend.
The usual approach is quite simple:
First, identify a clear trend, from an obvious low point to an obvious high point. Then observe whether the pullback finds support in the key zone.
61.8% itself isn’t magical; it’s just the depth of pullback that often appears in strong trends.
What’s truly useful is how the price behaves after reaching this level: Can it hold steady? Does it reclaim structure? Has the downward momentum visibly slowed?
If these signals appear at the same time, it means the selling pressure has mostly been released, the bulls are still stepping in, and the probability of the trend continuing is higher.
So the key is never “did the pullback reach 61.8%,” but rather “is there a clean stabilization structure after reaching the key zone.”