MARKET SWITCHERS FIB LEVEL

The Market Switchers Fib Retracement strategy is built around combining breakout confirmation with Fibonacci retracement levels to identify high-probability trade setups. After the initial market move is established, the strategy uses Fibonacci retracement levels—typically the 50% level—as the key decision zone for entry. When price pulls back into this retracement zone, the strategy looks for continuation in the direction of the original move, offering traders a structured way to catch momentum at a discounted price rather than chasing breakouts. Risk management is defined in dollar terms (e.g., $500 stop loss and $1500 take profit), allowing trades to be executed with a consistent risk-to-reward ratio. The method enforces discipline by limiting trades to specific sessions and timeframes, ensuring that trades are aligned with volatility windows, while also applying a one-trade-per-day rule to reduce overtrading. Overall, the approach blends breakout momentum with Fibonacci retracement structure, giving traders a balance between precision entries and strong risk-reward setups