ilmscore | Prediction Details
"So, I've just covered the lowest point. What exactly happened here? I'm not here to prepare anything, I'm not here to take old charts or screenshots, I'm doing it live. All the examples I gave are from exactly the same point. So what did you see what I did? I clicked on the lowest point, meaning whenever there is an uptrend, So in the Fibonacci tool, you will click on the first point at the bottom and you will take it to the point at the top. Then it will tell you the levels. So from here, the market went continuously upward. As you guys can see, it went continuously upward from here. Then after that, the market took a small fall. Okay? So this is retracement. There is a small retracement retracement has come or how far it can come. So this is one point, it told you one. Right there. This is one potential point, this is two, this is three, this is four, and this is five. I told you about five points, I told you about 0.238. 0.382, 0.5, 0.618, and 0.786, 786. You have to keep these 5 numbers in mind. So, these 5 points tell us where the market can continue again the direction of the trend. So, the market took a retracement up to here. Then, after that, look, our point was 0.382. From there, the market again started moving in the continuous upward direction. Yes or no?"
By Trade with Purab | August 8, 2024 | Pending
From video
Fibonacci Crash Course for Beginners | Fibonacci Retracement Tool 00:20:25 - 00:21:53
Interpreted Prediction
In an uptrend, applying the Fibonacci tool from the lowest point to the highest point reveals levels (0.236, 0.382, 0.5, 0.618, 0.786) where the market might retrace before continuing its upward trend. The speaker shows an example where the market continued upwards after retracing to the 0.382 level.

Prediction Details

Topic
Fibonacci Retracement in Uptrend

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