This Chapter will be an album to collect examples of true "Golden Ratio" growth.
This Chart captures Bitcoin's surge in spring 2019 which grew by 1.618x increments.
This type of growth has been called "Exponential" or "Parabolic" by many analysts.
This occurrence is actually NOT very common in markets at a scale we can see.
This DOES occur at microscopic levels but is difficult to capture at those levels.
Below are the previous Chapters. I add Examples as Updates to the Ideas below.
Chapter 1: General Examples (before I knew there would be more chapters):
Chapter 2: Advanced Examples
Chapter 3: 9.618 Murderer of Moves
Chapter 4: Impulse Redux
Examples from here on down.
On smaller time frames there were pings on the upper blue fibs.
And as noticed previously, the RETRACE is often MORE precisely in sync.
Since posting that Idea, here is what had happened till now That bounce to the Gold 17.942 was the DANGER LINE.
It could have turned back down from that Fib to make lower lows.
But instead it got past that Gold fib, and lately the series is starting to lose influence.
Thus we can assume the "Parabolic Panic" had dissipated after we got past the 17.942.
BUT, all of those levels will be Important FOREVER!
That is because all of those levels will have been permanently ingrained into Algo's, MA's, Oscillators, and ofc Human Brains.
ie: that fib will still be influential whenever price is within its range.
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This Idea is "Chapter 5" in my collection of examples for my method.
The first four chapters are linked above, which have hundreds of examples, best to start with Ch 1 and 2 ofc.
But otherwise, I have not seen any other resources that measure/forecast movements with this particular method....
I will continue to follow you and will have a good read through your chapters.
Hope you are happy to have a student and I hope you don't find my questions (there may be many!) troublesome.