Fibonacci Striker is a very unique and picky trading strategy. Before I open any trade, I search for unique price set up on 4 Hours chart. Each set up has to meet 5 strict criteria:
1) Each trade has to go with recent main trade.
2) Each trade can be open only on certain Fibonacci level.
3) Each set up has to be confirmed by certain price action.
4) Target vs. Stop Loss ratio has to be 2:1.
5) There has to be enough room to accommodate 2x SL within recent High/Low currency levels.