It looks like the First 3 legs of an Elliot Wave along with the first Move on a ABCD.
Price pulling back down the FIB would then put the D target price next in line.
If price pulled back past the (A) The move is dead.
If Price continues on the UPSIDE it would mean a continuation of the (3)rd Elliot Wave.
Price pulling back down the FIB would then put the D target price next in line.
If price pulled back past the (A) The move is dead.
If Price continues on the UPSIDE it would mean a continuation of the (3)rd Elliot Wave.