This set of cross fib channel is used for working out the stability of current trend and all nearest key targets. The scheme is a vital piece of work and will serve as a reference for determining subsequent long-term analyzes.
In a nutshell: It is a special measurement of a specific wave within a cycle to work out the potential of all possibilities out of forthcoming wave/move in terms of fibonacci as a language of decryption of chaotic fluctuations.
I'd pay big attention on these principles:
In a nutshell: It is a special measurement of a specific wave within a cycle to work out the potential of all possibilities out of forthcoming wave/move in terms of fibonacci as a language of decryption of chaotic fluctuations.
I'd pay big attention on these principles:
- A cross is a beta-target.
- The line itself carries a resistance/support role.
- Hence, the reversal of a trend can be diagnosed.
Trade closed: target reached
Big moves ahead are expected.
Crossing below blue 0.618 will move to 0.786 or 1 fib.
Crossing above red 1.618 will move to 2.618 levels.