$MCD help with fibonacci theory.

I am just now learning how to use the Fibonacci theory and need some help.

I am very interested in buying MCD and am trying to find a good entry point.

I have heard somewhere that reversal usually happens when the 127.2% mark is crossed on the way down. Can someone confirm that this is accurate or correct me if I am wrong.

Thanks!
FibonacciFibonacci RetracementMCDmcdonalds

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