visualizing a chart picture.
I agree,that it does take a trained eye to see the complex details, but even simple charts can show some good clues.
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As I looked at the chart thru the Fibonacci lens,when the rally was climbing and surging, once it hit the math target zone around 3.80,I started looking for a tiring effort to run higher, it hit 3.90 and paused at that resistance, that was my first warning the upwave was getting toppy. The next day it goes higher and stretches to the 4.24 peak. Anywhere around 3.90/4.00/4.10 was 'in the toppy zone' for the Fibonacci math pattern. The math pattern is the road map to watch.
There were some higher targets above 4.25, like 4.30/4.40/4.50/4.60,and I was waiting to see if they would get hit.in one more up day, or in the next bounce. and that was my trading mistake.
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So the Fibonacci math target was showing the zone was closer down to 3.90/4.00 area, and the 4.24 was actually a stretch. It was time to expect a topping finish could happen, and the next day conformed it with a secondary resistance peak at 4.10.
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Now watching the downwave it was just a question of how far back down the price would fall. It didnt take long to hit 3.66 and then the bounce rolled over at 3.86 and fell to 3.46 today.
will it repeat this track pattern and bounce to resistance 3.65 area to roll over and fall to test 3.25 target zone. or will it hold here at 3.45 a key shoulder support step.
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