📈"The trend is your friend until the end when it bends."— Ed Seykota

📊"In investing, what is comfortable is rarely profitable."— Robert Arnott

🎯"The stock market is a device for transferring money from the impatient to the patient."— Warren Buffett

🔍"Charts don't lie — they simply reflect the market's truth."— ChartStudio

💡"The market is never wrong; opinions often are."— Jesse Livermore

⚡"Price is what you pay, value is what you get."— Warren Buffett

📈"The trend is your friend until the end when it bends."— Ed Seykota

📊"In investing, what is comfortable is rarely profitable."— Robert Arnott

🎯"The stock market is a device for transferring money from the impatient to the patient."— Warren Buffett

🔍"Charts don't lie — they simply reflect the market's truth."— ChartStudio

💡"The market is never wrong; opinions often are."— Jesse Livermore

⚡"Price is what you pay, value is what you get."— Warren Buffett

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Concepts

Fibonacci Retracement

Natural pullback levels at 38.2%, 50%, 61.8%

Fibonacci retracement levels (38.2%, 50%, 61.8%) identify potential support zones during a pullback. After a strong move up, price tends to retrace to these levels before continuing. The 50% and 61.8% are most watched. If price holds 61.8%, the trend is likely intact.

🔑 Key Takeaway

50% and 61.8% are the most important levels. Holding 61.8% = trend intact.

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