You can't know for sure. The point is this. We don't play 50% retraces with this method. The risk:reward isn't there for this particular method. So they are insignificant. We are only interested in 61.8 and deeper retracements.
The picture you posted is a classic setup. EXACTLY what you're looking for. Multiple tests of the 61.8 without breaking it. I think you've grasped this method, the trade you posted is a perfect trade. Now it just comes down to pulling the trigger and managing it without emotion, greed, or fear. And thats the hard part.
Good work!
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