Added 2 other fib ratios for extending awareness about the presence of extra golden proportions.
Those are 0.146 and 0.887
2021 double tops define an important angle which is relevant to the chart in terms of its distinctive angle of the shift towards the side.
Given angle we could define the width of fibonacci channel by applying the Nov 2022 bottom:
Tops 2017 & 2021 applied to Coving bottom:
Establishing fabric of PriceTime based on its historic incline.
To increase further the awareness on waves of probability limits, the process can be repeated.
Tops 2013 & 2017 applied to 2011 Low
High angle fib channel related to timing:
2011 & 2013 Tops applied to August 2015 Low
Those are 0.146 and 0.887
2021 double tops define an important angle which is relevant to the chart in terms of its distinctive angle of the shift towards the side.
Given angle we could define the width of fibonacci channel by applying the Nov 2022 bottom:
To increase further the awareness on waves of probability limits, the process can be repeated.
Tops 2013 & 2017 applied to 2011 Low
2011 & 2013 Tops applied to August 2015 Low