"tobes the most important are 38.2, 50, and 61.8 with 61.8 arguably the most important of the lot... You would usually only call a 38.2 retrace in the context of a very powerful move up and it helps to have some backup, i.e. a support/resistance line or another fib line that coincides at the same level."
Thanks champ.. have a lotta reading to do
(And analysis of the charts tonight)
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