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Fibonacci Projection in Down Trends
 

Fibonacci Projection - Fibonacci Projection calculation needs a total of 3 points. The first two points are used to calculate the distance of the first move, while the third point is the starting position of the projection. The purpose of Fibonacci Projections is to estimate where the current move may end.
Projection Levels
A:
C:
B:  
61.8%
100.0%
138.2%
161.8%
200.0%
261.8%
     
 
 

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