This is a process I have been using for nearly 5 decades now that involves Fibs, S/R and Trendlines. Amazing results have been produced by it and wins nearly 60% of the time. The is 2:1 but sometimes it will be 3:1 and even 4:1. I never put a trade that is less than 2:1.

Currency Pairs: Any
TF: 1H
Indiors: Fibs, S/R and Trendlines
SL and TP will be discussed later in the thread

You will need to place your fibs levels where you've got the 382, 50, 618, 786 and 87 levels.

Before you enter any trade you want to mark 4 levels of s/r. You'll be looking to enter the transaction. You may place your SL.

Then you will need to conduct your fib extension tool and put your own TP on the 1st or 2nd extension. Ensure that that your r/r is prior to entering the trade at least 2:1. Additionally, make sure a s/r line is not near your TP degree. If so shed your TP level by 10 pips beneath the S/R to get a Buy and above to get a Sell.

You are going to want to take trades in the direction of this trend. I like to go to the Daily candle and then trade in the direction of it.

To make a trade stonger you can take trades in which the 618, s/r and trendline all operate together. If these meet 9, if you choose trades your odds will boost to 80% of a commerce.

Now you're probably wondering where the 382 and 50 degree comes in. You can take trades. I you find price bouncing off those areas you can wait to get a candle formation to occur and place your entrance at the next candle's open. Place you SL in the low of this candle formation so long as it's significantly less than 50 pips. You TP will likely be Extension two in this instance. Examples will be posted by me .

The attached image shows a trade I took yesterday on the EUR/USD.
A) is my entrance in the 618 in 1.3923. B) is my SL in the 87 fib using a price of 1.3863. C) is my TP target of this 2nd Fib extension. My price will be 10 pips under D which is a S/R degree. My TP price is 1.4190. The first Fib extension is actually 1.4194. I take my profit 10 pips under a s/r as it is that close to the extension.

Therefore that my SL is 60 pips and my TP is 267 pips. So my r/r is nicely over 4:1 on this trade.

Look at Post #20 and #21 for additional fib rules for weakness and strength