Using Fibonacci Circles , identifying areas of support and resistance comes with ease
The inside circle shows two points of rejection, from this I infer that two points of rejection will appear on the outer circle also
Price is currently sitting right at the inner edge of the circle, ready to drop down
If it does, it will also be a fall that encompasses this idea below
The inside circle shows two points of rejection, from this I infer that two points of rejection will appear on the outer circle also
Price is currently sitting right at the inner edge of the circle, ready to drop down
If it does, it will also be a fall that encompasses this idea below