6E - Fib Study

These charts are just showing how fibonacci study can be used to accurately pinpoint the reversal level. Interesting fact is that 50% is not a fibonacci ratio, which is added to the fibonacci tool, but seems to work quite well.

6E - channel bounce and divergence on daily

what seemed like freefall of 6E hit the channel support trendline on daily chart and bounced. This channel trendline is drawn from the 3 levels as you can see in the chart, and the bounce level was already on the chart just waiting for the price to hit, as positive divergence continue to form.