ilmscore | MASTER Fibonacci Trading in 50 Minutes (The Complete Course)

MASTER Fibonacci Trading in 50 Minutes (The Complete Course)

Published: 2024-04-14
Status: Analyzed

Predictions from this Video

Total: 2
Correct: 0
Incorrect: 0
Pending: 2
Prediction
Topic
Status
In strong trends, price pullbacks are predicted to be shallow, reversing between the 0.382 and 0.5 Fibonacci levels, rarely going below 0.5.
"when we have strong trends like this many times the price will actually not be able to pull back you know low lower than the 0.5 level many times the pullback here will be a bit more shallow and reversed slightly above the 0.5 level and most of the time slightly below the 0.382"
Price Reversal (Fibonacci)
Pending
A break below the 0.618 Fibonacci retracement level, and especially below the 'one line' (start of the swing low), is predicted to be a warning sign that the current uptrend might be ending.
"when the price breaks below the 0.618 we are talking about a very deep retracement and deep retracements when the retracements gets too deep especially when we break below the one line here that's a warning sign that this previous uptrend might be coming to an end here"
Trend Reversal (Fibonacci)
Pending