Pullback Strategy
Fibonacci Golden Pocket & Pullback strategy
Maximize reward ratios. Learn how to backtest pullback entries at the 61.8% golden pocket.
01. Drawing Swing Anchors Correctly
Draw from the swing low to swing high of an impulsive trend expansion, ensuring anchors are clean.
02. Limit Entries in the Golden Pocket
Set buy limits at the 61.8% retracement line, using the 78.6% line or the swing low as invalidation.
03. Fibo Extension Profit Targets
Set take-profits at the -27% and -61.8% extension levels for trend continuation payouts.