So the last time it went sideways for a while between these 0.65 and 0.618 fibs... "the golden pocket"...
you can see what happened.
Only 17 hours in the pocket this time... but lets see what happens.
That last green candle was moving pretty good.
From watching the effects of the golden pocket in multiple charts at different levels of trend, it often holds strong support or resistance and appears to offer some kick to whatever direction the wave is going.
In this instance it went south... as did this post. But live and learn as they say.
I learn as much or more from my failures as I do from successes.
I took a swing at a fast ball rather then watch it go by. Strike 2!
Would have been way more fun to knock it out of the park, but... meh.