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Message: <blockquote data-quote="mittawa" data-source="post: 25378810" data-attributes="member: 147316">These are basic fib levels. And the way you have drawn fib is wrong if you are looking for a buy. Allways try to understand the market direction in higher time frame and then go to lower time frame to enter a trade.If you have been trading for a while, try to learn institutional trading. Then you will start seeing the market in a whole different way. Normal support & resistance will not work as you were taught. It's always about market liquidity where the big banks follow them and stop out poor retail traders.<img src="/styles/default/xenforo/smilies/default/yes.gif"  class="smilie" loading="lazy" alt=":yes:" title="Yes    :yes:" data-shortname=":yes:" /><img src="/styles/default/xenforo/smilies/default/yes.gif"  class="smilie" loading="lazy" alt=":yes:" title="Yes    :yes:" data-shortname=":yes:" /><img src="/styles/default/xenforo/smilies/default/yes.gif"  class="smilie" loading="lazy" alt=":yes:" title="Yes    :yes:" data-shortname=":yes:" /></blockquote>

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