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Fibonacci

0.382 Ratio

A key Fibonacci ratio derived from dividing a Fibonacci number by the number two positions ahead. It is the most common retracement level for Wave 4 corrections and represents moderate trend strength.

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38.2% Retracement
A key Fibonacci retracement level and the most common target for Wave 4 correcti...
Fibonacci Retracement
Price levels derived from the Fibonacci sequence where corrective waves are like...
0.236 RatioAll Terms0.618 Ratio