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Let's say you've identified an uptrend on the daily chart. You then spot an order block at a previous swing low. Using Fibonacci retracements, you find that the 61.8% retracement level aligns with the order block. You also notice that there's a liquidity pool above a recent high. Combining these factors, you have a high-probability long setup. You wait for price to retrace to the order block and the 61.8% Fibonacci level, and then look for a bullish candlestick pattern to confirm your entry. Your profit target is set at the liquidity pool above the recent high. Remember to manage your risk appropriately by setting a stop-loss order below the order block.
