Look at what happened on circle here on
$WOJAK
Before reaching 127%, price spent time between the 38% and 50% Fibonacci levels
That was the decision zone
The market had two choices, continue higher or reject
It didn’t reject
It continued, and eventually reached the 127% extension
And right now, I’m seeing a very similar setup
If price reaches the 38% to 50% area and confirms positively, then boom, the 127% expansion comes into play