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🟡 $UBUSDT — possible pullback setup
Would you trade the pullback here, or wait for the next 1H candle?
Price had a strong 1H bullish structure: each candle updated the high, while lows stayed above previous lows.
The latest closed 1H candle failed to make a new high, while the previous low is still holding.
If price updates the last high again, the pullback idea is cancelled. Stop is above the last high.
Fibonacci range: full 1H growth move, from min low to max high of the whole series.
Plan by Fibonacci retracement:Entry zone: 0.08448 - 0.086503Stop: 0.0885267TP1 Fib 0.236: 0.08445836TP2 Fib 0.382: 0.08205082TP3 Fib 0.5: 0.080105TP4 Fib 0.618: 0.07815918
Series: 6 candlesMove: 22.95%Timeframe: 1HExtreme candle wick filter: max 3.5%
Educational setup example. Not financial advice.