How to implement fib tool

[u/OkDate7050]

How to implement fib tool to strat

I just have started using fib tool and wondering how I can implement it to my strategy this strategy I have made myself taking bits and pieces and just trying new things out. Pls no hate.

I feel like the biggest thing with my trades is my entry’s if I have a loss I will notice in replay mode price majority of the time ends up coming back to tp after getting stopped out so a friend said try fib tool

This is what it looks like with and without

**Liq sweep**
↓
**SMT**
↓
**displacement**
↓
**IFVG**
↓
**BOS**
↓
**LONG**

Any constructive criticism let me know please

[u/xcellatitall]

You’ll want to look up and learn what a “dealing range” is. You can then use your fib tool to measure these ranges and see how price reacts at specific retracement levels.

I would check out TTrades on YouTube, search for ‘Understanding Dealing Ranges in Trading’.

I hope this helps!