Dislikedi apologize i forgot to explain about fib time more. fib time runs as vertical support resistance, where as fib ret measures price action. s/r are merely fib levels or hidden fib levels, because the markets are a natural thing and everything in the world is governed by the golden ratio 1.618 even time.
will post more later, but for now sleepy time. waaay to tired.Ignored
Ya ya...I fully understand the Golden ratio, Pyrimids of Giza, Nautilus Shell etc etc and the part that Fibonacci plays in the social dynamic of crowds. But I still assert that time lines should be drawn from valley to valley and from peak to peak. Just line the Fibonnacci count is conducted by counting from peak to peak and from valley to valley. But I maybe wrong...why have you drawn your timelines in that manner?