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Hey Vendor,I read somewhere recently that retraces often...

  1. 661 Posts.
    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.

 
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