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Ticker Tape by TradingView

Construction of Fibonacci Levels During a Price Correction

December 5, 2021
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  • Construction of Fibonacci Levels During a Price Correction

The situation often arises in the market where prices grow, then begin to fall, or, conversely, initially fall, then begin to grow. A fall after growth, or growth after a fall, is called a market correction. Fibonacci Levels help in determining the purpose of this correction.

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