EuroMotif

SQ bottomed? Must hold Golden fib of Genesis Sequence at $110

NYSE:SQ   Block, Inc.
Shown here is a 4 hour chart of Square's Genesis Sequence.
This fib series has caught every major turn including the TOP.
It has since tumbled down the staircase with Pings at each fib.

Bounce off blue fib at 101 then break of Golden fib is a GREAT sign.
Bulls must hold $110.12 at all costs, to have hopes of recovery soon.
If this is NOT the bottom, then this asset is in some SERIOUS trouble.

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Here is a full view of its Genesis Sequence for reference
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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 <= Current Example
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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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
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