Question:
How to differentiate between a retracement and a real drop?
Answer:
Usually When an expansion happens, Smart Money and Banks and Institutional order flow Engineer liquidity by letting the price of an asset Retrace a little bit so people start building up positions Thinking the price will go down/Up and Hence, they Liquidate them.
Using the Fibonacci tool, you can identify the Mid point of the range "Aka: Equilibrium or the 0.5 Level" and Discount Zones on High Time frames (Such as Daily TF), The Asset Price shouldn't go much below that Mid point of the range called Equilbrium.
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