New fractal configuration adjusted to different scenarios.
Coverage of side-trend, potential upward movement and further decline.
A sidetrend with descending volatility is the main expected "object" of my observation at this point of time considering the negative circumstance.
Backbone of the fractal itself is indexed as 0/1. This gives out the rest fibs simulating critical levels for trend reversal in the future.
Right now the price has dropped to the line which can act as a support to make a pullback, unless it's crossed.
In the nutshell:
Coverage of side-trend, potential upward movement and further decline.
A sidetrend with descending volatility is the main expected "object" of my observation at this point of time considering the negative circumstance.
Backbone of the fractal itself is indexed as 0/1. This gives out the rest fibs simulating critical levels for trend reversal in the future.
Right now the price has dropped to the line which can act as a support to make a pullback, unless it's crossed.
In the nutshell:
- Crosses => moves to the next fib line to seek support/resistance.
- Doesn't cross => reverses
- Timefibs determine the Time Density of Trends.
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