Exxon Mobil Micro-FractalsMicro-fractals found at top of base bullish wave echoed to current condition of the market.
Looks like a short squeeze.
First top of first wave stands for first top of second wave:
Also, second top of first wave can represent the top of first top of second wave because of distinctive shaper but with different timing application of bottom fractal circled.
Parallel match top and bottom angle of the recent Fibbed if it really declines right from current top:
No? In case price reaching upper channel (red zone of general fibonacci channel not in pic above) with rapid last growth will cause massive forthcoming movement to the opposite direction.