@helloworld in this case its probably best to use the recent low at 43c to the high at $1.57..But as mentioned earlier the dynamics of price action change dramatically when above the 200 day exponential moving average...Fib supports tend to hold much better when above there and when below the 200ema Fib resistance tends to hold...that's why I look for the 1st 50% Fib retrace immediately above the 65 and 200 ema cross (golden cross)
@helloworld in this case its probably best to use the recent low...
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