Fibonacci Retracements
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Question 1 of 10
1. Question
What is the Fibonacci retracement tool based on?
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Question 2 of 10
2. Question
Which of the following is NOT one of the most important Fibonacci retracement levels mentioned in the video?
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Question 3 of 10
3. Question
When looking for support in an uptrend, how should you draw the Fibonacci retracement tool?
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Question 4 of 10
4. Question
What is the 0.618 Fibonacci level also known as?
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Question 5 of 10
5. Question
According to the video, what is the most common range for higher lows to form in an uptrend?
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Question 6 of 10
6. Question
When using the Fibonacci retracement tool, where should you place the anchors?
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Question 7 of 10
7. Question
In the example given, what happened when the price reached the 0.618 Fibonacci level after a strong uptrend?
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Question 8 of 10
8. Question
What is the most important Fibonacci extension level mentioned in the video?
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Question 9 of 10
9. Question
According to the video, what should you look for when the price reaches a Fibonacci extension level?
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Question 10 of 10
10. Question
The video suggests using the Fibonacci retracement tool in combination with what?
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