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.
Comment:
EU entering Do or Die zone
s3.amazonaws.com/tra...shots/c/cR3mWgmx.png
s3.amazonaws.com/tra...shots/c/cR3mWgmx.png
Comment:
NOT 'do' I guess!
Big of a bounce off the next zone below,
but already broke below a strong zone, my shorts are fine!
Big of a bounce off the next zone below,
but already broke below a strong zone, my shorts are fine!
Comment:
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.
If it breaks below during Asian session, it could lead strong downward momentum.
Comment:
Cutting right through.
There are a couple more strong zones below.
After than, not much
There are a couple more strong zones below.
After than, not much
Comment:
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.
Made some changes based on Fib waves today.
Pink are modified or new zones, light-light grey zones to be removed.
Comment:
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.
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.
Comment:
Close up of the tail end of massive drop after ECB news, and adherence to the zones
The darker bands are where fibs overlap, resulting in very strong resonance points.
The 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
I am kinda doubting a bounce.