A brief follow up.
"I am looking for a bottom in the 50%-61% fib retracement zone"
"The candle that I have highlighted is a nice rejection candle...This low has held as support for a week now, and I will look for it to continue to hold."
"Contrary to conventional thinking, the more touches a level gets, the more likely it is to be broken."
Hope it was useful for you.
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