TimeFibs of the cycle 0-1. Consider the golden ratio of the time. Note that previous time Phi reversed the market. Let's see how the market reacts to 1/ Phi (1.618) Fibonacci is the order in chaos like a language of fractal. Dates of TimeFibs ratios as well as time periods are provided. 1.618 AT 6 OCT '22
Fibonacci channels Cover the Fractal Configuration of the waves of the cycle. Note how when market is bearish Triple Cross UO turns red. Until the point where it gets closer to lower green dynamic band. Try tradingview.com/script/lyBZDuK5-Triple-Cross-UO/ I use this indicator to see the balance between Bulls and Bears in relation to each other.
Such a scenario is possible and cannot be completely ignored, BUT recently the trades have changed a bit, so it's worth thinking about a plan in case of a change in the trend.