These zones are calculated using Fibonacci Ratios of past price moves. Fib extensions and retracements are projected forward in time and price. If price bounces or reverses, it will probably do so at one of these zones.
Check my previous ideas for the PRECISION of these zones.
I will update as new zones are defined by upcoming Fibs.
Note
Most of the plotted zones playing out nicely. But looks I have an errrant one near bottom of pic, must have a poorly placed fib somewhere in the past.... will be checking .....
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