SCCO at KEY resistance: $66.88 a MAJOR Golden fib already proven
Updated
Shown here are two different fib sequences.
Thick fibs are from its "Genesis Sequence".
Thin fibs are from the "Covid Stimulus" wave.
Currently struggling against the Golden Genesis fib at $66.88
The entire world is now keenly aware of it thanks to the Pings.
So what happens here will say a LOT to a LOT of traders/holders.
Rejection here could lead to lower lows.
Break and retest could lead to new highs.
This signal could apply to the entire sector.
Here is a snap of the full Genesis Sequence:
.
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".
My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only
Chapter 7: The Mighty 2.618: like a Rook in Chess
.
Thick fibs are from its "Genesis Sequence".
Thin fibs are from the "Covid Stimulus" wave.
Currently struggling against the Golden Genesis fib at $66.88
The entire world is now keenly aware of it thanks to the Pings.
So what happens here will say a LOT to a LOT of traders/holders.
Rejection here could lead to lower lows.
Break and retest could lead to new highs.
This signal could apply to the entire sector.
Here is a snap of the full Genesis Sequence:
.
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".
My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only
Chapter 7: The Mighty 2.618: like a Rook in Chess
.
Note
GORGEOUS3 min chart into market close today
=============================================================================================
.
Related publications
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.