ATOM at a major resistance and danger of "Lower High" peak

٢ يناير ٢٠٢٢

ATOM has been quite strong but now at a key resistance.
First and most dangerous zone for possible "lower high".
Above are a few more hurdles before new ATH thoughts.

Plotted here are 3 fib series from different timeframes.
Thick lines are very high timeframe and most important.
Red lines are local wave down, and gold+blue the bounce.

.

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
Chapter 6: Give me a ping Vasili: 'one' Ping only
Chapter 7: The Mighty 2.618: like a Rook in Chess

.