ENJ as its MOST IMPORTANT level of this cycle: Major Golden FibENJ has pierced a now obvious key level defined by 2 golden fibs.
"Now Obvious" as in the whole world has seen the reactions here.
But us Believers knew of this landmark level even before first hit.
Break and Hold of 3.25 could lead to a new ATH.
Rejection here could lead to new lower lows.
Most likely we get a few "orbits" before decision.
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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
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