Overlapping Fibonacci (H1)

An H1 confluence method that looks for overlapping Fibonacci levels across multiple swings. We use retracement + extension overlap as a location edge; entries require structure confirmation.

Tools & settings

• Swings: anchor impulse legs and draw Fibonacci retracements (38.2/50/61.8/78.6).
• Project Fibonacci extensions (127.2/161.8) from the next leg for overlap.
• Optional: EMA20/EMA50 for trend context; ATR(14) for stops.

Idea

When retracement from one leg overlaps an extension/expansion of another, the zone gains confluence. We then wait for a reaction and a close‑confirmation in the trade direction.

Long setup

1. Trend or bias up; define the pullback leg and map retracement levels.
2. Find overlap with 127.2/161.8 from a prior downswing; watch for rejection + close up. Trigger: market on confirm close or limit on a shallow retest that holds.