Fibonacci levels are among the most reliable tools in technical analysis, used by professional traders worldwide. They help identify potential retracement and extension zones where price is likely to react. The Fastpip Fibo strategy is built on these levels and combines precise entries, multiple take profits, and a clear stop loss. What makes this strategy powerful is the ability to lock in profits step by step while minimizing risk by going risk-free after the first target is reached.
The Fastpip Fibo strategy is a trend-following method that uses Fibonacci retracement and extension levels to determine entry and exit points. It is structured around:
A clear entry at Fibonacci retracement levels (usually 38.2%, 50%, or 61.8%).
One stop loss, placed beyond a key retracement zone.
Two to three take profit levels, based on Fibonacci extensions.
A risk-free setup once the first take profit is reached, securing the trade.
This makes the strategy both beginner-friendly and professional-grade.
The strategy works best in trending markets. Determine the main direction using price action or indicators.
In an uptrend: draw from swing low to swing high.
In a downtrend: draw from swing high to swing low.
Look for price to retrace to a Fibonacci level (38.2%, 50%, 61.8%) with confirmation from candlestick patterns or support/resistance zones.
Set the stop loss slightly beyond the chosen retracement level.
TP1: 100% (previous high/low).
TP2: 161.8% Fibonacci extension.
TP3: 261.8% extension for strong moves.
Once TP1 is hit, move the stop loss to entry. This ensures the rest of the trade continues with zero risk.
Suppose EUR/USD rallies from 1.0800 to 1.1000. Drawing Fibonacci retracement:
Entry at 61.8% retracement (1.0880).
Stop loss below 1.0850.
TP1: 1.1000 (previous high).
TP2: 1.1060 (161.8%).
TP3: 1.1150 (261.8%).
After hitting TP1, the trade becomes risk-free, securing profits while leaving room for bigger gains.
Simple and easy to follow.
Works across multiple timeframes.
Provides step-by-step profit-taking.
Risk-free trading after TP1.
Works best in trending markets.
Requires confirmation with price action to avoid false signals.
At Fastpip, our trading signals are based on proven strategies like Fastpip Fibo. Each signal includes clear entry points, stop loss, and multiple take profits, making it easy for traders to follow.
If you don’t have time to trade manually, you can join our copy trading service. With copy trading, all trades from our expert team using strategies like Fastpip Fibo are automatically executed in your account — a smart way to achieve consistent profits without the stress of manual trading.
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The Fastpip Fibo strategy is a reliable Fibonacci-based method that balances profitability with risk management. By taking profits step by step and going risk-free after the first target, traders can secure their capital while maximizing gains. Whether you trade independently or through Fastpip’s professional signals and copy trading, this strategy is a smart path toward consistent profits in the Forex market.
It combines Fibonacci levels with multiple take profits and risk-free trading after TP1, ensuring better control over risk.
Yes. The structure is simple and easy to apply, making it suitable for both beginners and professionals.
The Fastpip Fibo strategy is most effective in trending markets across Forex, commodities, and indices.
You can use Fastpip copy trading, where all trades based on this strategy are executed automatically in your account.
