Just my thoughts on the weekly.
Starting to learn to use the Fib numbers on my analysis based on some textbooks im currently reading so this is my form of studying and applying it. My first lesson was to use the Price High on the weekly as the start of the anchor for the retracement level and then select the price low which I think equates to wave iii of 3 in terms of Elliot Wave counts. The Fib sequence for the 0.382, 0.50 and the 0.61.8% seem to hold as resistances.
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.