DislikedJarro, would you mind further explan the differrence between Fib level and retracement ?
....Ignored
these are just words.
read them as is.
a level is a level
a retracement is a retracement or a 'step back'.
let's have fun.
let's say your house has 7 floors.
floors = Fib levels
let's say u are on the 7th floor (100% fib level drawn from the ground).
if u go down, & u are at the stairs (or elevator) midway of the 3rd & 4th floor of your mansion, then u just made a "50% retracement".
did that help?