DislikedNever forget ! Short term support/resistance always gives way to long term support/resistance - eventually.
(key word : 'eventually')Ignored
I was only pointing out that it wasn't only the Fibs ...
More of a confluence of Fibs, round number, short term S/R, etc. attraction.
Me also likes broken rising wedges projections very much.
Found a bigger brother to my former blue one...
And, given that those are only projections, WHAT IF ... we get a H&S on this third top of the monthly descending channel/triangle?
But no ... that would be dreamin' big time.
By now only awaiting 1.0480 (or again 1.0520) to see what happens further.