Each transition (price action) gives a frequency to a motion of upcoming waves. Fibonacci Ratio sets Volatility in terms of %🕘 blocks Fractal turning point: Fib echo back
Downward spin of the trend in relation to ATH: Fibonacci spiral exponential growth simulation:
Price is at golden ratio so must be a turning point for upcoming high momentum. Next groups of price movements (microfractals) will determine the direction. Buying and selling pressure are falling together.