ilmscore | Fibonacci Retracement in Downtrend Predictions
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Fibonacci Retracement in Downtrend

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In a downtrend, applying the Fibonacci tool from the highest point to the lowest point helps identify levels where the market might retrace before continuing downwards. The speaker demonstrates this with an example where the 0.618 level led to trend continuation.
"So here, what I'll do is, I've selected the Fibonacci tool. Now, because this is a down trend, what ..."
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