Price above key Fib Fence and key Fib Level is in a position to expand to the upside. As price steps through cycles, the Fib targeting levels will continue to be completed as long as price remains above the key Fib fence. Setting an upper ‘Break-Out’ zone Fib fence to a colored zone can communicate clearly that price is advancing in an extreme break-out zone, ie higher hi’s, higher lo’s and the wave is rising.
Dox Box . . .
The imperative read for understanding is found at the 'Law of Vibration' site . . . Topics: ' Directional Bias', 'Time/Price 45', and 'Fractals' . . . Read . . . Understand . . . and find Success.
