'SOS' Fibonacci 0.236 In a very strong breakout, v-reversal or uptrend, 0.236 provides support. Buyers are so aggressive that there is no deeper retracement or cool off for consolidation. If the 0.236 is lost then we can have tight invalidation on any aggressive momentum trades as the 0.382 is likely to come next. #fibonacci #traderalchemy
Mr Abundance | Trading CoachShare
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