Fibonacci retracement levels

Hello, I am kind of new to trading and looking to understand, how do we determine at what level of fibonacci retracement a stock would reverese it’s upmove/downmove while it is on an established trend? For eg: How do we conclude whether a stock would retrace at 23% 38% or 61%.
If there is a methodology for this, would it be same for all stocks in every sectors?

There isn’t anyway to know. usually you look for rejections and possibly with other indications that imply a high-confluence move. For ex: A Fib level equal to a critical level and an RSI divergence. Thus, this increases the likelihood of a key price action move at that price point. But no exact way to predict what’s gonna happen next. Nobody is a Messiah to say for sure.

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