Based strictly on actual candles. Whole structure:
Refracted EMA intersections point to actual Fibonacci lines! Fib intersections are levels acting as centers of gravity. It drags price to the nearest one. The rest is up to quantum effect, whether price reaches nearest fib and reverses trend or goes through to approach next fibonacci ratios.
Refracted EMA intersections point to actual Fibonacci lines! Fib intersections are levels acting as centers of gravity. It drags price to the nearest one. The rest is up to quantum effect, whether price reaches nearest fib and reverses trend or goes through to approach next fibonacci ratios.
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