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How do you know where to take profits when the market keeps moving higher?
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ticker lesson
Breakdown
0:00lesson
Fibonacci retracement and reversal signals
- 38.2% retracement level identified
- Price action bounces between levels
- Buy pullbacks and sell on reversal
- Targets at 38.2, 50%, 618%
- Take profits along the way
1:46lesson
Fibonacci extension levels and price gaps
- 7898 level called 7900
- Price gaps up and breaks through
- No man's land between 618% and 78.6%
- Potential selling around 78.6%
- 100% extension level at 8,365
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