ilmscore | Prediction Details
"As soon as it breaks four numbers. We talked about five numbers. That is 0.2, 0.3, 0.5, 0.6 and 0.7. So 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."
By Trade with Purab | August 8, 2024 | Pending
From video
Fibonacci Crash Course for Beginners | Fibonacci Retracement Tool 00:35:24 - 00:35:43
Interpreted Prediction
If the market breaks the 0.6 Fibonacci level, it indicates a reversal and continuation in the opposite direction of the trend. This applies to both uptrends and downtrends.

Prediction Details

Topic
Fibonacci levels and trend continuation/reversal

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.