ive kind of fallen down a rabbit hole with fib circles recently... but i have noticed that if you measure from highs and lows (and many other points that i wont get into now lol) you can pretty accurately predict where the breakout of said pattern will be with the outer bands. highly recommend playing around with some things, and you can actually measure several price points and build like, a grid if you will, of fib circles that will blow your mind when you see what happens
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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.