Fifty Percent Retracement (50% Retracement)

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Fifty Percent Retracement (50% Retracement): The mid-point of a range. Often an area of buying and selling or the first upside target following a bottom or the first downside target following a top. This price is often used in conjunction with a Gann angle to form a support or resistance cluster.

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Fifty Percent Retracement (50% Retracement)