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One of bunch examples (ETH):

  • Plunge in January 2018, then correction above 61,8% fibo level and -27,1% target:
  • Plunge in February 2018, then correction to 61,8% fibo level and -27,1% target:

But I have to admit, that sometimes it just break previous low and reverse without hitting -27,1% fibo level target!

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