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Gregory McLeod Wed, Oct 9, 2013, 11:14 PM Talking Points - Use Fibonacci tool by connecting the last swing low and last swing high to display 5 possible areas of support - Look for price to turn ...
On January 29, 2020, I posted a research article detailing my belief that a “waterfall” type of event was setting up in the markets. This article was nearly 30 days prior to the peak in the markets.
Fibonacci retracement levels are horizontal lines that indicate where support and resistance are likely to occur. They are based on Fibonacci numbers.
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