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Donajor8
Jul 18, 2021 12:38 PM

Let’s fib this 

GBP/AUDOANDA

Description

N let’s see what fib has to say

C and d are wicks made most likely on sundays opening typical forex bs.
Wick can b seen as rejection or acceptance.
Rejection showing lack of higher interest
Acceptance by triggered higher orders so price can go higher

Here we see acceptance at least with c taking out b order making d go higher as e took out d order so will we go higher?
Interesting enough d rejection is the .5 of the high low made from c acceptance.
Will the next swing following this be the rejection of the .6 made from e?
Or will cde be a head n shoulder with cause the trendline break?
Also from d to e price is at the .6



Your thoughts?
Comments
Mihai_Iacob
Excellent as always!
SignalProvider
thanks for sharing
where is your target bro?
caray
@CinaCine check this out! Your favorite pair!
caray
@CinaCine check this out! Your favorite pair!
caray
Fib is my friend LOL
Donajor8
@caray, lol what u think
caray
@Donajor8, I have no idea! LOL! That spike was crazy!
Donajor8
@caray, Lmao right lol it’s has a purpose for sure tho
caray
@Donajor8, indeed! We'll see what it does!
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