As you know, GRT launched on Coinbase and rocketed.
It hit major resistance per Fibs, which I posted in chat.
Now we are approaching first plausible retrace target.
.
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
.
It hit major resistance per Fibs, which I posted in chat.
Now we are approaching first plausible retrace target.
.
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
.
Note
Almost thereQuickly approaching our target
.
Zoom IN (1min)
Watching closely now, looking for aw bounce with an "Imuplse"
=======================================================================================================
.
Note
Was that it?Zoomed in with Local fib in blue
Time to start looking "Impulsive" structure to eh bounces.
=======================================================================================================
.
Note
Looking decentGot bback above gold 2.618
=======================================================================================================
.
Note
Bounce Looking good.Best possible Attack Vector against 50 cents round
=======================================================================================================
.
Note
Bounce still Looking Good.Now at first resistance
Now to push into 50 cents and see what happens there ....
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.