Fib scales and wave patterns are an extension of the human brain and body, and emotions. They exist in the universe and in nature. But, digital is neither and exists in its own reality, without time and the influence of it in logic. Robots don't "think", they process results based on pure data and logic. So if humanity trusts algos, robots, to trade their trades, removing the human element, then fib, waves, and chart patterns that reflect human thinking do not matter anymore. In fact, it isn't "trading" anymore, since trading implies decisions made by choice. Machines do not choose, they calculate. Machines don't trade, they execute at a certain time or level based on the data input. 2001 a space odyssey was not fiction, it was prediction, which has come true. Never seen a chart like this, now that I look big picture. Perfect 618 level retraces, wave pattern, near perfect rejections and support pivots, probably because a few humans were trading for fun. By the time you say, hey wait a minute, hold on there, and want to get rid of algos and your mobile devices, and disconnect from thew Borg collective, it will be too late. Have a nice day, with happy thoughts. :)
Pattern extension possibilities, break down through support, bounce and form right shoulder, or bounce and never look back.
Pattern extension possibilities, break down through support, bounce and form right shoulder, or bounce and never look back.