Price/Time Fibs provide coverage of all scenarios driven by fundamental factors based on fractal.
These include targets, support/resistance levels and market reversals for short-term as well as for long-term outlook.
To perceive this chart simpler just expect reaction with opposite effect to the impulsive/corrective movement of price.
I'd put my bets on intersections because as we know fluctuations are governed by rule of golden ratio.
One of the three fibonacci channels with the steepest incline immitates fractal essence of time.
These include targets, support/resistance levels and market reversals for short-term as well as for long-term outlook.
To perceive this chart simpler just expect reaction with opposite effect to the impulsive/corrective movement of price.
I'd put my bets on intersections because as we know fluctuations are governed by rule of golden ratio.
One of the three fibonacci channels with the steepest incline immitates fractal essence of time.
