Hey Vendor,
I read somewhere recently that retraces often pullback to the 61.8% Fib.
A lightbulb went off for me when I heard that. I had a quick look at the PRR chart and waddaya know...
The 61.8% Fib for PRR would be from 39 to 15 (approx) yeah?
Interesting.
breakout!!!....now what?, page-31
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