my own kind of approach to fib circles ...
first anchor at the top, second anchor needs to be adjusted so that the middle point of the circles is at the breaking point of the bearish pennant.
look how some fib circles allign with fib levels and pitchfan rays. quite interesting !
the diameter is indicating a bottoming around 400.
first anchor at the top, second anchor needs to be adjusted so that the middle point of the circles is at the breaking point of the bearish pennant.
look how some fib circles allign with fib levels and pitchfan rays. quite interesting !
the diameter is indicating a bottoming around 400.