TRB crawling out of the basement. Bottom In? $35 the key level
TRB is fighting a key resistance zone around $35.
Major Golden fib (thick 1.618) plus local golden 6.853.
Break and successful retest would confirm "Bottom In".
Plotted are 3 different fib series from different timeframes.
Thick lines are from very high tf so they have the most "gravity".
Red lines are from last wave down, thin gold+blue of last wave up.
.
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
.
Major Golden fib (thick 1.618) plus local golden 6.853.
Break and successful retest would confirm "Bottom In".
Plotted are 3 different fib series from different timeframes.
Thick lines are from very high tf so they have the most "gravity".
Red lines are from last wave down, thin gold+blue of last wave up.
.
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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