When setting the fib at the breakout point and top of the recent bull move, we see price has fully retraced, finding support at the fib 1.
However, price is also attracted to the Volume profile point of control ( POC ). Which also just happens to align perfectly with the FIb 1.272 level.
it will be interesting to see where price goes should it fall below this lever. I will be watching for the POC and FIB 1.272 level.