Spotting the very bottom
Okay, so you realize that everything is collapsing, and you want to know when to buy and when to sell. This is roughly what happens:
First it will fall to the Fibo target, bounce back up to 50% of the fall then continue back down to make a lower low. It will then climb up to 60% of the initial fall before going down again to the lower low. It will either bounce off or break past the lower low.
First it will fall to the Fibo target, bounce back up to 50% of the fall then continue back down to make a lower low. It will then climb up to 60% of the initial fall before going down again to the lower low. It will either bounce off or break past the lower low.
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