Reject three possible scenarios of 38.2 (least likely) to 50% line or to the 61.8% line. 50% in this case possible as we have seen 38.2% in the 1st wave and 50% in the 2nd wave option to take a small position from 50% marking and if it continues to turn 61.8% again, take a small position for this You can use a sl just under the 61.8% fib rather take no risk then wait 61.8% or at a new chance
Reject three possible scenarios of 38.2 (least likely) to 50% line or to the 61.8% line. 50% in this case possible as we have seen 38.2% in the 1st wave and 50% in the 2nd wave option to take a small position from 50% marking and if it continues to turn 61.8% again, take a small position for this You can use a sl just under the 61.8% fib rather take no risk then wait 61.8% or at a new chance