I noticed the above just goofing around, and wanted to put it out there before I forgot about it.
Will update with more thoughts and examples of Fibs once this crash is over :)
Another example of the energy waves on the smallest scales:
The Fibs help Elliott Wave analysis.
wave 3's often reach 2.618 of wave 1
waver 5's often dont go much further, usually to next fib.
Thus I can confident in this microscopic 12345.
Then I try to see how that little price fits into the next bigger piece and so on
LTC does it again: Perect Fib compliance.
There was a smaller move first (red) whose extensions lost power with distance.
There there was a bigger move that is currently defining the landscape
Notice how the smaller red impulse still produced some echoes/lines but weaker with distance
USDJP"Y gapped oven after weekend.
I fib'd the GAP, only the UN-filled part after attempting gap close
Instead of starting at the very top of price, I tried a lower peak.
And suddenly the 1.618 and 2.618 extensions locked in perfectly.
So that is what I will use as my Primary Count.
I wonder if this BTC downturn was predictable?
EURUSD this time, showing the waves of movement pefectly.
This little pebble (5 minute candle with 0.16% movement)
Set off these 618 ripples, and with a sign of bullish momentum gaining.
And now there appears to have been another example on a smaller time frame:
Perhaps this is the type of movement that the ''Gartley"s and 'Bats' and such come from?
Another example of the power of the Golden Ratio
This time on a Medium Time frame cascade.