These zones are calculated using Fibonacci Ratios of past price moves.
Where prices overlap, drag the Right (price) Axis up to magnify and reduce overlap vertically.
There are zones above and below the current window, Drag the Chart up/down to see other zones.
Drag bottom axis to the left to magnify the candle size to view close up.
I will update as new zones are defined by upcoming Fibs.
Where prices overlap, drag the Right (price) Axis up to magnify and reduce overlap vertically.
There are zones above and below the current window, Drag the Chart up/down to see other zones.
Drag bottom axis to the left to magnify the candle size to view close up.
I will update as new zones are defined by upcoming Fibs.
Note
EU trying hard to stay within this zone or bounce.I am kinda doubting a bounce.
Note
EU entering Do or Die zones3.amazonaws.com/tradingview/snapshots/c/cR3mWgmx.png
Note
NOT 'do' I guess!Big of a bounce off the next zone below,
but already broke below a strong zone, my shorts are fine!
Note
EU is about to test a pretty large and relatively strong support zone.If it breaks below during Asian session, it could lead strong downward momentum.
Note
Cutting right through.There are a couple more strong zones below.
After than, not much
Note
Updated Support Resistance zones.Made some changes based on Fib waves today.
Pink are modified or new zones, light-light grey zones to be removed.
Note
Looking at today's late US session action:1 minute chart shows the perfect compliance to fib numbers.
There are probably other things like Pivots, Previous Lows, Moving Averages, etc that line with some of those fibs. BUT, the fibs were drawn before hand, and projected outward or inward based on each move before. The Golden Ratio once again proves to have accounted for EVERYTHING and focused things down to the PIP.
Note
Close up of the tail end of massive drop after ECB news, and adherence to the zonesThe darker bands are where fibs overlap, resulting in very strong resonance points.
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.