78.60% retracement is almost complete - On a bad day the candles could fall through and hit the 5th arc beneath but otherwise will rejoin it by either moving sideways or on the way down from a bounce - If Ont bounces here the range is as high as the underside of the 4th arc pair
Comment:
The market has switched bullish and Ont candles have recovered the 4th arc pair - The arc is now support and the candles can climb up towards resistance at the fibs and fib ray
Comment:
Arc support failed - $3.62-$3.70 should be a good buy zone for Ont
Comment:
Here's the real ONT ;)
Comment:
Support approaching, possibility of the bounce hapening here
Comment:
Support on the fib
Comment:
The market is weak and the candles have slid thru the fib, next support on the arc around $2.70
Comment:
Ont reclaims the fib yet again
Comment:
Ont has had quite a struggle for this fib but seems to have won and has opened todays candle above support
Comment:
Ramming speed - Resistance on the bands
