The ''Pulse'' of an asset times Fibonacci: Chapter 3: the 9.618
This is a continuation of my observations of Fibonacci Extensions. All Assets in all Time Frames display these rhythmic price moves. This Idea is to collect examples of the 9.618, a Move-Murderer.
Here are the frist two such Albums with numerous examples posted as Updates to the Ideas:
The Original: (general examples)
Chapter 2: (more general examples)
Not
Another perfect ping on the live chart above
.
Not
XLM/USDt example, after news about IBM+Banks use was released
.
Not
USD/CAD example showing a common spike beyond the 9.618 only to reverse very quickly
.
Not
MDA/BTC example of recent price action. 9.618 was approached Thrice and soundly rejected all three times
.
Not
XMR/BTC with a great example on longer time frame
.
Not
USD/JPY with a Picture Perfect example. Numerous pings to confirm before 9.618, sudden reversal at 9.618, and note the 4.236-4.618 support zone
.
Not
ZRX/USD showing the blow-off-top/bull-trap spike just above 9.618 then the COLLAPSE
.
Not
ETC/USD with an example of Fomo spike beyond 9.618 but to exactly 10.236 then the immediate COLLAPSE Notice the perfect Pings after the crash
.
Not
Though I had posted this yesterday but here is BTC/USD with another perfect example
.
Not
Update on oirignal LIve chart at top for KNC/BTC that 9.618 hit came all the way back to the 1.618 - not uncommon but usually the 2.618 holds....
.
Not
IOST/BTC with a beautiful example of a 9.618 bottom
.
Not
BTC/USD with a big pump that smacked the 9.618
.
Not
KNC/BTC follow up to the Live (original) chart at the top, here is what happened since lol, ALWAYS get OUT at a 9.618
.
Not
Another gorgeous example by the SPX.
IF the stock market has topped, that would have been a prefect spot for it do so.
.
Not
LTC/USD with a perfect example of 9.618 peak to 4.618 drop
.
Not
LTC/USD with another example, including Overshoot/Bull Trap
Interesting this one was the every next wave following the previous 9.618 event just above this one!
.
Not
EOS/USD with a perfect example, including a blow off top and the very common band 9 to band 4 retrace
.
Not
EUR/USD with an active example (separate Idea)
.
Not
SPX recent top in a Live Idea:
and end result
Not
ETH.USD with example of 9.618 overshoot, then the Darth Maul candle to the 6.618 EXACTLY
.
Not
GBP/USD with a very strong bounce from 9.618 GBP has been dropping hard due to Brexit uncertainty and new PM threatening a "No-Deal Brexit". But even under such dire circumstances, the 9.618 is just too far and always causes a nice reflection. .
Not
Gold with a very nice example, and notice how the lines become MORE precise as we move further AWAY in time
.
Not
BTC.USD live example, approaching a 9.618 at time of posting:
.
Not
AUD/USD snapshot of another perfect example:
.
Not
XCU.USD (copper) with a high tf example on 3 day chart that one a Double Top at EXACTLY the 9.618. If one did not sell at that line, then I dont know where else would have been more "toppish".
Also note the initial Bounce at the 4.236, the MOST COMMON retrace (9.618 to 4.618 or 4.236). Now we have the Coronavirus scare, taking down everything to do with China.
.
Not
XRP.USD example on 21 min timeframe with a little bull trap and everything.
The Red Ping with a little spike above the 9.618 was the bull trap. Then the immediate collapse and retrace to band 3.
.
Not
BNB.BTC Live Chart with a Picture Perfect example
.
Not
KNC.USD with a small time frame example That makes KNC a TWO time aware winner! It was the Poster Child for this chapter (original chart above)
This move happened when it was introduced on Coinbase. Now we need to see just how badly the 9.618 hurt this asset.....
.
Not
AUD.USD Live chart of a 1 year long journey to arrive at its Fated 9.618
Was that THE bottom? If this asset HAS a bottom, that WAS the perfect spot.
.
Not
ETH.USD snapshot of 1min 9.618 wave end
.
Not
BTC.USD with a SPECTACULAR example of the 9.618 at work.
Posted this Live idea when it first hit 9.618
and this is what happened almost immediately after
Never, I repeat NEVER, bet against a 9.618!
.
Not
UBER another victim of the Murderous 9.618
Daily chart from the Covid bottom Topped EXACTLY at the 9.618 Pings along the way warned of it. Pings on the way down worth watching.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.