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ilmscore | Prediction Details
"So the first thing, when a particular chart is moving in this direction, as you can see, when there is a big trend or when there is a strong move, like if we break it here, It went up like this, then it came down, then up, then down, then up. Where the retracements are very small, where the retracement or the market rend is very strong, where the market trend is strong, meaning if the market is going up, then it is going very fast, or if it is going down, then it is going down very fast, there you will use 0.236, which is our first level. And 0.382 and 0.5. These three levels will be useful to you."
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Trade with Purab
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August 8, 2024
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From video
Fibonacci Crash Course for Beginners | Fibonacci Retracement Tool
00:23:55 - 00:24:34
Interpreted Prediction
In strong market trends with small retracements, the key Fibonacci levels to watch for continuation are 0.236, 0.382, and 0.5.
Prediction Details
Topic
Fibonacci levels for retracement continuation
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