fract

Gasoline / US Dollar TIMEFIBS

fract Updated   
NYMEX:RB1!   RBOB Gasoline Futures
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 I use this indicator to see the balance between Bulls and Bears in relation to each other.
Comment:
TimeFib 1.618 reversal for a pullback wave.
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