📊 Best Scalping Setup Using Custom Fibonacci Levels! 👇
Most traders use standard Fibonacci levels, but for scalping I prefer custom levels that provide more precise entry zones.
My Fibonacci Settings:
🔹 0.7
🔹 0.78
🔹 1
How the Setup Works:
🔹 1) Identify the Trend
Always trade in the direction of the trend for higher probability.
🔹 2) Draw Fibonacci
Draw Fibonacci from the recent swing low to swing high (for long trades).
🔹 3) Wait for Retracement
Price usually retraces into the 0.7 – 0.78 Fibonacci zone, which becomes a strong scalping entry area.
📌 Entry: Between 0.7 – 0.78 Fibonacci zone
📌 Stop-Loss: Below level 1 or recent swing
📌 Target: Previous high / liquidity zone
With proper risk management and patience, this setup can provide very clean scalping opportunities.
P & B Traders
Trade with strategy, not emotion. ##trading
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