DASH at or near BOTTOM? well formed wave possibly ended
Plotted here is the major dumping wave.
The "Impulse" created "Ripples" of the wave.
The "Pings" helped confirm the fib's relevance.
5.236 is the second most common ender of strong waves.
4.236 is the most common end point for average waves.
5.618 is a common backstop for "overshoot" of waves.
IF this can reverse and climb, be alert at the red warnings.
Initial resistances will be the 4.236, 2.618, and 1.618 ripples.
Final resistance will be the "Impulse Core" with max pressure.
.
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
.
The "Impulse" created "Ripples" of the wave.
The "Pings" helped confirm the fib's relevance.
5.236 is the second most common ender of strong waves.
4.236 is the most common end point for average waves.
5.618 is a common backstop for "overshoot" of waves.
IF this can reverse and climb, be alert at the red warnings.
Initial resistances will be the 4.236, 2.618, and 1.618 ripples.
Final resistance will be the "Impulse Core" with max pressure.
.
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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