Understanding why the market is moving the way that it is, is very important in understanding the physiology behind the market. Recognizing a Fresh area of supply where we see a strong movement to the downside, we can look at this price area as a nice area for a potential sell zone. Going along with the trend rather than against it, the market is making lower highs helping to confirm the continuation of the down trend. Fibonacci is commonly used solely for finding confluence within area of support/resistance for places to enter. However the potential for utilizing fibs extended beyond entries. Using areas such as the -27 & -61.8 can help set up areas where momentum may start exhaust. Confluence with areas of support/resistance also help with this. This ensure we maximize the use of our tools to our advantage, the rest is all patience and price action. Find out what the market is telling us, act accordingly with risk management and no emotion.