Pulse of an Asset via Fibonacci: CRV Golden Growth but Topped?

This Chart is a an example of a "Golden" Fib series.
This Concept is from "Chapter 5" of my going "book".
This Religion is from the church of the "Golden Ratio".

Often, a Golden level marks the End of a Wave.
It is common to overshoot, but then reject from it.
Return to Gold fib and Reject a sign of having topped.

.

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 <= Current Example
Chapter 6: Give me a ping Vasili: 'one' Ping only

.

Kommentera:

Just hit a strong support fib.

$3.6 a key round number and a fib that might hold it.

=============================================================================================

.