Fibonacci Trading strategy revealed

Hi Fellowers,
In this chart i reveal on of my most basic but very powerfull trading strategy's
It is one of the most simple methods I use within trend trading analysis.
I use fibonacci extensions and fibonacci retracements, and elliot wave theory.
Now, elliot wave theory is pretty complex to understand so I do not cover this in this subject.

In this subject I just reveal how i trade my major trending pairs in crypto, with a high succes rate.
We draw fibonacci retracements, in an explosive trend, we enter the trade on the 50% retracement, in a longer term medior trend, we try to enter on the 61.8% retracements.
We use our 78.6% as stop los ( As 76.4 is an important fib ratio) we keep the price just below it ;)
Then we do the reverse retracements and add our 127.2 and 161.8% levels in the extensions, those are our exit points. We trade level to level , which means that we draw each extensions on each wave. And we target each level after each trade has been placed.

Happy trading folks.