Fibonacci Trading System

SETUP
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Growth Retracement 
when price raise from the low it is called growth retracement.
Trade Setup :Enter a counter trade in death zone ,Buy on dip between 0.50  and Golden Ratio (0.618) 
Take action only if one of the below is  available at that level
1.Resistance and support
2.pivot 
3.Symmetry
4.trendline


Stoploss : 0.786 
Position Closing Strategies : trailing stoploss
Target : .50 ,.382 ,0 ,
Caution :Dont Reverse if stoploss is hit 


Decay Retracement 
when price fall from the high it is called the decay retracement.
Trade Setup :Enter a counter trade in death zone ,Buy on dip between 0.50  and Golden Ratio (0.618) 


Take action only if one of the below is  available at that level
1.Resistance and support
2.pivot 
3.Symmetry
4.trendline


Stoploss : 0.786 
Position Closing Strategies : trailing stoploss
Target : .50 ,.382 ,0 ,
Caution :Dont Reverse 
Caution :Dont Reverse if stoploss is hit 


Note 
a.Minor retracement 0.382  is indication of strength and it point of leg go along with the trend.
b.if retracement exceeds 0.786 is an indication of change in trend .
c.Fibonacci is predictive and not lagging.
d.Fibonacci adapts to volatility.
e.Symmetry
f.Double your exposure in each swing turning points (do this if position is in profit only).
g.0.618 should coincide with critical support and resiatance zone 
h.Rule doesnt work get out ......getout .....get out .Stoploss is final and binding.


QUANTIFYING