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river styx

A 61.8% Fibonacci retrace, where a correction ends and the original trend resumes, is common. But a slightly greater 88.6% retrace indicates a “point of no return,” or River Styx, that can still hold to resume the prevailing trend.

Study the setup’s historical occurrences here:

https://viditrade.com/wp-content/uploads/2020/11/river-styx-example.png

 

 

 

 

 

 

 

 

This setup has occurred on the following dates:

  • 1-26-21
  • 2-24-21
  • 3-23-21
  • 4-21-21
  • 07-01-21
  • 8-18-21
  • 09-10-21
  • 12-01-21
  • 12-10-21
  • 1-27-22
  • 03-03-22
  • 3-15-22
  • 6-01-23

 

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