SUSHI at a key Decision point: Range bound but looking to break

2 thg 5, 2021

Plotted are the nearby Support and Resistance zones.
Currently in neutral grey area looking for decisive action.
If it is to start next leg upward, now would be a good time.

Drag the PRICE scale DOWN to see zones outside of window.
Drag the TIME scale RIGHT to see more price action around fibs.
Use the "Make it Mine" option under SHARING for your own copy.
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I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".

My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only
Chapter 7: The Mighty 2.618: like a Rook in Chess

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6 thg 5, 2021

Ghi chú

Perfect Fibnastics!

Price action since posting has been pretty much as expected wobbled around the Decision Zone for a bit,
then came back to and bounced strong,
right into the dangerous resistance.

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Zoom IN (5 min) Thus my title "Perfect Fibnastics" as shown by the many "Pings".
Ping as in an Exact Ricochet so clean you can almost HEAR it.
So now we watch each fib level for further clues going forward.

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SUMMARY:
- Price action exactly as expected.
- "Decision" looks to be in, "Up" it says.
- Need to break $17 danger zone next.

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6 thg 5, 2021

Ghi chú

Moment of Truth!

Second attempt at the "Danger Zone" Definitely a key moment here.
Break could start a good run.
Failure could cause lower lows.

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