Timing related Fibs: Relatively price oriented Fibs: I know I should have put 0 on top but it would complicate things. Since 0.618 x 0.618 ≈ 0.382, we'd just put emphasis at derivative.
Cycle based angle indicates golden ratio just upper to the current price.
Wave Interconnectedness:
However I'd focus on relatively recent price levels.
Lines will act as counter force regardless of price direction.
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.