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Prames
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Is this a correct Fib Retracement? Reverse?
BTCUSD
, 15
BTCUSD: Is this a correct Fib Retracement? Reverse?

Hi, I'm new on TradingView and don't have enough reputation to ask my newbie question in chat. So is this a correct fib to check for retracements? I see in the settings I can set the Fib to "reverse", what use case would that have? Checking for possible resistances in an uptrend?

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