Shown here are two different fib sequences. Thick fibs are from its "Genesis Sequence". Thin fibs are from the "Covid Stimulus" wave.
Currently struggling against the Golden Genesis fib at $66.88 The entire world is now keenly aware of it thanks to the Pings. So what happens here will say a LOT to a LOT of traders/holders.
Rejection here could lead to lower lows. Break and retest could lead to new highs. This signal could apply to the entire sector.
Here is a snap of the full Genesis Sequence:
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I do not use "Fibs" in the "traditional" manner (retracements). I use Fibs to plot "Ripples" (extensions) created by "Impulses". Then look for "Confluences" to map the "interference Pattern".
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.