Fibonacci Example $FSR

After a perfect bounce off the descending demand line, which happened to be in confluence with a historical support level, we saw a nice move on $FSR. Price then retraced, and we got a perfect double bottom on the 0.618 fibonacci retracement level (often dubbed the "golden level").
Penafian
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Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.