This is a quick and easy way to enter and exit trades using Fibonacci

This is a quick and easy way to enter and exit trades using Fibonacci.

I would suggest you use at least one more indicator for confirmation.

This strategy will work for uptrend and downtrend

0% to 38% is the no trade zone for me.

Enter at 38%

Tp1   61.8%
Tp 2  100%
Tp 3  161.8%

Use your own Risk Management Plan for S/L.