How To: Setup Golden Goose Fibs

First thing you want to look for is the most recent swing high and low on the daily timeframe.

Then you will want to draw out the fibs, and doing it correctly. The swing high to swing low, you start at the bottom and drag to the top. For the swing low to swing high, you start at the top and drag to the bottom.

I drew the fibs out below and the teal lines are the fib start and ends.

This will set you up on the 5 min timeframe real nicely.