Expect similar movement as to that within the oval shape in green through the fib circle. The Fib Circle touches the lowest point on the chart which is the 08' crash in white circle
Drew the circles using the strongest trend lines on the chart that also align with significant events, that being the 08 crash on this chart
See how the circles play out on this Weekly timeframe
Drew the circles using the strongest trend lines on the chart that also align with significant events, that being the 08 crash on this chart
See how the circles play out on this Weekly timeframe
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