In this short, The Art Of Crypto explains a trading framework that distinguishes external and internal price ranges. He argues that many traders focus on drawing Fibonacci retracements without considering the broader external range, which often already contains the expected retracement. The speaker highlights the 0.618 Fibonacci level—known as the golden pocket—as a zone where market makers typically fill their positions, making deep retracements unlikely. Instead of seeking a deep pullback, he suggests treating the price movement as a range (often labeled a bull flag) and looking for long entries when the range’s low is broken. The target is the range’s high and the liquidity beyond the external range. This approach leverages an understanding of external range context, market‑maker liquidity, and the filled‑retracement concept to improve trade timing and probability.
