Timing of micro fractal in terms of fibonacci ratios.
Golden Ratios are colored orange and yellow.
Mid point of similar market behavior of a wave is at similar levels, which is a sign of upcoming reversal for a at least a pullback as a reaction to previous decline.
Since most of the time the trades are carried out by algorithms, we can say that the fibonacci channels covering the fractals actually is a breakdown of the mass algorithms.
Golden Ratios are colored orange and yellow.
Mid point of similar market behavior of a wave is at similar levels, which is a sign of upcoming reversal for a at least a pullback as a reaction to previous decline.
Since most of the time the trades are carried out by algorithms, we can say that the fibonacci channels covering the fractals actually is a breakdown of the mass algorithms.
Comment:
Approaching 0.618 TEST