Here we see how price action always follows the golden pocket. VectorFI is used to plot daily fibo based projections fans, on lower TF's price action will always "fall" or "rise" to the golden pocket (yellow).
We've been plotting #VectorFI golden pocket levels from December 2018. They represent immediate and future zones of support and resistance that can be used to guide price action.
The takeaway here is that we've got (as we've seen) a battleground in the 139-145 area, which will be key to breaking through to higher resistances.
These lines are manual horizontal...
The recent price action has us gravitating lower toward a 4HR VectorFI Golden Pocket Projection. Fibonacci retracement zones show that we are converging to a decision point.
We've placed trend lines and extended the VectorFI projected lines to create support levels to watch, along with targets based on fib. retracements.
General market tone has been bullish,...
# SignalFI 2-3-2019
Today we’re going to take a look at $ETH 60M as consolidation continues around the 112-103 range. All scripts are either available now or in development and will be released shortly.
On top we’ve got a combo indicator featuring:
- Fib Time RSI - Showing oversold but not yet pivoted so more down action.
- CogniFI - Showing that...
Here we see Ethereum fighting to gain traction after the recent correction. Looking at the Daily fib retrace levels provided by VectorFI we can see that our bounce occurred at the same spot in the prior cycle. Given this fractal potential and the placement of the current golden pocket, we can see lower resistance levels and price action path down to...
Today we'll look at the drop in $ETH and where it could go based on fibonacci retrace values projected by VectorFI.
Our Golden Pocket (61.8 - 65) zone on the Daily timeframe has been support in the past, and 98 low is a key horizontal support.
All lines are automatically drawn, where new projection fans are created with each Daily open/close cross....