RE: Time to start loading again27 Jun 2025 22:45
Ademcg, .....re - charts and Fibo
38.2% Fibo retrace, has never been a point of retrace and bounce strongly, but as each point of fibo bounces a bit, the strongest points are 50% and 61.8%. The more it retraces, the more it bounces back is the norm.
"38.2%: This level often acts as a "buy-the-dip" zone in an uptrend, or a potential "sell-the-rally" point in a downtrend.
"61.8%: This level, also known as the golden ratio, is considered a significant area for potential reversals and is often used as a key decision point by traders. "