Experimental plot to see if this sequence confirms.
Ultra-Bear confirmation: Ping off 3.764 and drop quickly. Strong-Bear confirmation: Ping off 3.618 and drop slowly. Likely event: Ping off 2.764-2.618 band and dont look back.
Not
Hmm, not quite the exact touch I was hoping for but close. Maybe it will come back yet
Not
Good confirmation of the 4.236 Fib series looking good, just need one more confirmation above, 3.764 being Ideal which would add to the bearish outlook.
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Not
Interesting. Looks like it is trying to hone in on the 3.618/764 band after confirming the bands immediately around it.
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Not
3.618 still being confirmed, almost locked
Not
Nice. Check out the gradual corrections to focus on the 3.618 exactly. I delcare this Fib series CONFIRMED
Not
Decent ping off the 3.236 fib is definite now. Just waiting for upcoming NFP craziness which may definite a whole new impulse maybe even in opposite direction.
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