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The use of Fibonacci retracement levels in online stock trading, stock market analysis (as well as futures, Forex, etc.) serves to help determine how far one expects a market to retrace before continuing in the direction of the trend. It is often used with other technical analysis indicators such as a moving average, Let's consider Fibonacci Retracements here; the idea is to use fibonacci retracements on two clear levels so a high and a low. You put your retracement onto the low and drag it up the high and

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