fibs are set to default mode: a - a.236 - a.382 - a.618 - a.786 - b - ... Previous mode: a - a.272 - a.414 - a.618 - b Current default mode has more units to cover group of patterns which contributes to higher visualization of logical consequence of fluctuations and interconnectedness of market volatility to the nature of fibonacci phenomenon. Any impulsive wave...
I had to publish this idea to make sense out of recent drop with this unusual approach using Fibonacci channels. MultiFractal: This pattern also deserves more attention because the short squeeze repeated itself giving a hint from previous month data on bigger scale.
I'd like to note that ATR has been generally declining. Which is good because it increases the awareness of predictability which participants (Bulls or Bears) will take control of the market upon next spikes. If price will move up after significant ATR change, the market will remain turn bullish. Breaking the black dashed line can trigger a bullrun. Right now the...
Using TimeFibs to break down the decade cycle of 2 financial crises. Based on dotcom peak as 0 and housing market crisis bottom as 1, we have next fibonacci ratios fit perfectly. Another coincidence is -0.618 which was the beginning of dotcom bubble. Upcoming TimeFib is 2.618 on 2 OCT 2023 1 black candle = 1 year
Examining the current uptrend and price levels of L&S entries. The cycle of previous uptrend and correction have golden ration of time. Currently price is at fib 1.236. If correction doesn't happen right here, then we're looking at the subsequent TimeFib for a correction to cool down the market for the new wave of bullish participants of the market. Seems like...
Good combination of indicators DSSR (Not in Library) SuperTrend Zig Zag Turning point TimeFib 1.236 at 09 AUG '22
Timing of micro fractal in terms of fibonacci ratios. Golden Ratios are colored orange and yellow. Mid point of similar market behavior of a wave is at similar levels, which is a sign of upcoming reversal for a at least a pullback as a reaction to previous decline. Since most of the time the trades are carried out by algorithms, we can say that the fibonacci...
Wave–particle duality is the concept in quantum mechanics that every particle or quantum entity may be described as either a particle or a wave. Basically has 2 types of behavior. Duality concept is present in Financial Markets We have 2 directions of outcomes of the market activity. UP and Down assumed as Bulls and Bears Whatever we see on a chart is...
Fibonacci Support & Resistance levels. Triple Cross UO OB < 60 UO < 50 UO2 < 50 UO3 < 50 => Oversold condition of the market Some spike can be expected for short-term moves. Mid-term perspective depends on patterns and behavior of the market near blue separator. By the time price enters green zone braking out of blue separator, bears will be shaken...
Dates of TimeFibs: 27 JUN 22 JUL 2 SEP 4 OCT 10 NOV FIb Channel incline is adapted to corrective wave and covers the particular fractal configuration. The financial market is a game of chances and in my perspective fibonacci ratios are the best math language to make sense out of chaotic nature of price fluctuations.
Angle of incline plays role of timing. Crossing each fib unit = movement to another one Stops near fib after a movement = expecting reversal.
Alternative method to measuring the timing in terms of steep Fib Channels is of course the Fib Wedge. Just make sure 2.618 aligns with dashed curve. Use zooming to correct the graph. For example if you have this: Proper scaling: However, you can always change the scaling to observe deeper short-term market to break down cycles with different Fractal config.
Golden ratios of Bullish and bearish waves. When fibs of a wave match the fibs of next counterwave means that real psychological levels are being exposed. BTW we can see that 3 golden ratio lines match the price level just above 100K, which confirms the local resistance by collective mindset of market.
Legalization impact on Zynerba stock can be tracked in this TA. Local psychological levels are the fibonacci intersections nearest to the price. Accordingly the long-term targets are also guided with same system. Move cursor over intersections to see those price levels. See if they coincide with your targets.
Fibonacci channels act as support/resistance. For local demand supply levels look for the nearest at least 2 lines to the current price. Once reaches any of short-term targets, the graph shows probability of reversals In terms of fib intersections. Fib 1.618 price Levels in respect to fractal: Rest Interactive:
Fractal analysis based on recent notable impulsive and corrective waves. Angle of fibonnaci channels are adapted to general volatility that makes up triangle which indicates the timing.
Applying Fib retracement to each wave that makes up cycle modeling. This approach is perfect for figuring out hidden levels especially when dealing with a chart with lack of data. Fibs collide and coincide into levels which might play out. The psychological prices are determined by the fusion of Fibs. with such system we can confirm that 0 and 1 is placed correctly.