Shown here is a 4 hour chart of Square's Genesis Sequence. This fib series has caught every major turn including the TOP. It has since tumbled down the staircase with Pings at each fib.
Bounce off blue fib at 101 then break of Golden fib is a GREAT sign. Bulls must hold $110.12 at all costs, to have hopes of recovery soon. If this is NOT the bottom, then this asset is in some SERIOUS trouble.
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Here is a full view of its Genesis Sequence for reference
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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".
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