These zones are calculated from Fibonacci ratios of the price action.
If the prices are overlapping and hard to see, DRAG the Vertical Axis on chart of Magnify Vertically.
There are other zones above and below current display, which will appear if you drag chart up or down.
I will add updates with more Fine Tuned zones as price action reveals them.
If the prices are overlapping and hard to see, DRAG the Vertical Axis on chart of Magnify Vertically.
There are other zones above and below current display, which will appear if you drag chart up or down.
I will add updates with more Fine Tuned zones as price action reveals them.
Note
Nice jump from one Fib band to another.Price does NOT like to be between zones
Note
Updated Zones of interest.Purple are new or changes, LightGrey are going away, DarkGrey remain.
This for anyone following but more for my own reference cuz sometimes the original analysis proves 'more' correct.
Note
The above updates were based on the new waves shown by the price.Note
Fib zones still acting as EXACT boundaries for the priceNote
Ever wonder why a move stops at apparently invisible barriers?Note
That PINK line (thin zone) at 7528.40 was a strong resonance I found there yesterday, and added to my zones per above picture. Now it looks like it has some authority after allNote
Nice bounce off a Fib zone, lets see if it holdsNote
Pretty good bounce off next support,Now needs to break and hold that pink line
Note
wow, can that tiny little fib zone hold this flood of red? doubt it, but interesting to notice the bounce, not at the round 7400 number but instead at 7390 exactly per Fibs.Note
Fib zones still doing their thing precisely.Will post a new chart with updated zones later.
Note
Double Ping, clearly an important zone.Note
Back to this zone again.Will it break upward this time?
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.