British Pound / U.S. Dollar
Education
Updated

"Pulse" of an asset times Fibonacci: GU Picture Perfect Fib Wave

636
Ordered Chaos

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.

Ordered Chaos

.

.

want to Learn a little More?
can you Spend a few Moments?
click the Links under Related.
Note
We just got a bit of a bounce in between the fib bands in main chart. BUT, that is because of another Fib at play: snapshot The RED fib lines are from the higher timeframe, marking the drop from $1.32 !

Thus in my Trade Plans, I plot ALL of the relevant fibs from all timeframes, and look for areas of "confluence" to delineate my "Zones" of interest. This chart shows just the one fib as a Tutorial and currently still the most influential fib.

.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.