The 9.618 is a particularly interesting extension, quite often a Murderer of Moves.
Confidence in the plot is gained by the number of Pings (exact hits) on fib Ratios.
Was it the End of the Trend, or just a Bend?
Or maybe it will Suspend, only to then Extend.
But IF the End, then a 9.618 will have Portend.
every Wave is born from Impulse, like a Pebble into Water.
every Pebble bears its own Ripples, gilded of Ratio Golden.
every Ripple behaves as its forerunner, setting the Pulse.
each line Gains its Gravity .
each line Tried and Tested.
each line Poised to Reflect.
every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.
He who Understands will be Humble.
He who Grasps will observe the Order.
He who Ignores will behold only Chaos.
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"which one" will make it "turn" is always hard to say.
BUT, I can have confidence that "when" a turn happens, it will be at "one" of those zones.
Normally I look for "Confluence" zones to narrow down the likely candidates.
Such as this plot below, several fibs from different time frames were used to plot the green support zones
I am in awe every day that it actually does what it does, like the live chart above.
I be like "Really? Did you really just do that? .... nah .... no way ....wait ..... wtf ? "
And all assets do this, on all timeframes....
Indeed! It is quite bizarre how the "Impulse" that created this series apparently "knew" of the .382 way up there ...