> For the complete documentation index, see [llms.txt](https://smartmoney.gitbook.io/smart-money-concepts/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://smartmoney.gitbook.io/smart-money-concepts/definitions/optimal-trade-entry.md).

# Optimal Trade Entry

Optimal Trade Entries are just that; They represent the best places to get into a trade and they can be identified by utilizing the Fibonacci drawing tool. In most cases, an optimal trade entry will lie somewhere between the 61.8% and 78.6% retracement of an expansion range.

<figure><img src="https://trendspider.com/blog/wp-content/uploads/2023/02/ICT-blog-8-PS-1-1024x520.png" alt=""><figcaption><p>Optimal Trade Entry</p></figcaption></figure>

After a Market Structure Shift occurs and a new leg of price action is formed, the bounce that follows the new leg will often yield an opportunity to take a position in the direction of the new leg and these Fibonacci retracement levels can be used to identify where that position should be taken.