You can’t stay broke if you understand this simple Fibonacci strategy

I used to watch crashes happen…

Price dumps hard.

I panic.
Try to catch the bottom.
Get stopped out.

Then price pulls back…

And continues without me.

Then I noticed this:

After a strong move that leave a wick , price often retraces to test Atleast 50% of the wick then continues.

Here’s how I trade it:

Step 1 — Wait for a massive crash candle.
Step 2 — Place your Fibonacci tool from the start to the end of that candle.
Step 3 — Mark the 50% level.
Step 4 — Drop to a lower timeframe.
Step 5 — Wait for a reversal signal.
Step 6 — Enter. Stop loss below the candle low.

That’s it , it works on all market, crypto , stock , forex and has At least 70% accuracy

No chasing.

Just patience.

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