Sometimes, price may continue to move after a FibDot appears, creating a 'pierced' FibDot. If other factors align, this could signal a potential trading opportunity in the direction opposite to the FibDot direction.
Here is an example where the price has pierced through the 🟢 dark green FibElliDott and continued to plummet.
If price continues beyond the FibDot almost immediately, the FibDot may be retracted and disappear.
Here is an example where the price has pierced through the 🔴 dark red FibElliDott and continued to climb higher.
Here is a live chart example where the price has pierced through the 🟢 dark green FibElliDott and continues to fall.
Here is another live chart example where the price has pierced through the 🔴 dark red FibElliDott and continued to rise.
