Every move in a price chart starts with an ''Impulse'', imagine it like a ''Pebble''. When the Pebble hits water it creates ''Ripples'' that are captured by the Fib Series. Each Ripple has equal distances between peaks and troughs, or what I call the ''Pulse''.
Each Line has Gravity . Each Line must be Tested. Each Line has a Personality.
Every Asset Class behaves this way. Every Time Frame shows these ripples. Every Human Brain is susceptible to them.
This is a followup to my previous tutorial linked below. That one has gotten very long with so many updates as examples. PLEASE spend some time on the numerous examples shown in the original publication:
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Fibs dont lie. XRP with another Picture Perfect Ping
Zooming in we see how PRECISELY we can define the energy band This happens in ALL assets in ALL timeframes.
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Ping ... another confirmation. even it breaks through, that is evidence of that invisible line sitting there.
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XRP looks to headed to the next band up.
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XRP bounce currently stuck in this Blue micro Fib if it can break that 2.618, it should go to the 4.236, which would be into the next resistance zone.
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XRP in a critical zone here
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This zone still relevant but has been pierced. bulls need to push above zone and re-establish as support or face drop to zone below.
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XRP looks to have broken above this resistance band looking good.
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Ping ...
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Double Ping ... and not a good sign being rejected from a lower resonance
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Rut Roh, bad sign for XRP
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XRP trying to get back in the Groove after tumultuous swings this is a good sign that the lines are starting to reflect again.
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Rut Roh Xrp, bad sign for here under microscope looks like we are headed down to the next fib line
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my current XRP thoughts on chart
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Ripple approaching key ripples. Looking at the bounce we see a clear 2.618 move. The Retrace us approaching that 1.618.
Zooming out to include the original fibs There is a confluence here of new 1.618 with 2.618 Pulse. Bulls need to hold this Zone.