The "Pulse" of an asset times Fibonacci: BTC at dreaded 9.618

18 thg 6, 2019

Part of my ongoing study of Fibonacci Extensions and their relevance to all Assets.
The 9.618 is a particularly interesting extension, quite often a Murderer of Moves.
Confidence in the plot is gained by the number of Pings (exact hits) on fib Ratios.

Was it the End of the Trend, or just a Bend?
Or maybe it will Suspend, only to then Extend.
But IF the End, then a 9.618 will have Portend.

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Ordered Chaos

every Wave is born from Impulse, like a Pebble into Water.
every Pebble bears its own Ripples, gilded of Ratio Golden.
every Ripple behaves as its forerunner, setting the Pulse.

each line Gains its Gravity .
each line Tried and Tested.
each line Poised to Reflect.

every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.

He who Understands will be Humble.
He who Grasps will observe the Order.
He who Ignores will behold only Chaos.

Ordered Chaos

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18 thg 6, 2019

Ghi chú

Nice Ping on the 4.236 as was expected Correction to this small wave "should" be done now, but lets see. Hitting a 9.618 is always dangerous for the drop

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18 thg 6, 2019

Ghi chú

4.236 did not hold, but 3.236 seems to have held lets see if the bounce gets past local high without testing Band 3 again

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