EuroMotif

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

Education
EuroMotif Mod Updated   
FX:GBPUSD   British Pound / U.S. Dollar
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

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Comment:
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: 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.

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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
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