What is happening here? Spiral fest
Updated
I am seeing weird curvy channels being formed like fibonacci channels.
Here is a psiibility of what price could do it it continues folowing these channels.
Am I crazy seeing this? this is a new type os analysis to me.
Here is a psiibility of what price could do it it continues folowing these channels.
Am I crazy seeing this? this is a new type os analysis to me.
Note
Same fib patterns on GBPUSDlol
Note
So I think it's fair to say the GBP pairs tend to respect Fibonacci spirals! niceAnother weapon that I can use from my arsenal of knowledge :p
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.