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Re: paulbuck86 post# 37692

Saturday, 04/21/2018 10:37:50 AM

Saturday, April 21, 2018 10:37:50 AM

Post# of 52991
Another view at the 38.2% retracement against Support 2.
Support 1 = 0.01 // Support 2 = 0.007

I've added the volume markers vertically so you can visually see where the support and resistance is on the chart. This will help you discern next time you go to call me a liar.

Fibonacci Retracement is a ratio to find reversals in a price. This uses supports and resistance against highs and lows shown below. We should expect to see a reversal Monday. If not the downtrend may continue.