ilmscore | Prediction Details
"As soon as it breaks 0.6. It has broken 0.6. This means that there is a chance of a reversal. Retracement is over. Instead of going upward, the market will continue down. Or if the market is going downward, and we took it up. 1 break, 2 break, 3 break, 4 break, then break, so it means the market can reverse and go now."
By Trade with Purab | August 8, 2024 | Pending
From video
Fibonacci Crash Course for Beginners | Fibonacci Retracement Tool 00:35:35 - 00:35:59
Interpreted Prediction
If the market breaks the 0.6 Fibonacci level (or subsequent levels in a downtrend), it signals a reversal. In an uptrend, breaking levels 1, 2, 3, or 4 indicates a potential reversal downwards.

Prediction Details

Topic
Fibonacci Levels and Market Reversals

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