Fibonacci Count Down

After doing some Fibonacci bar counting and the GBPUSD Daily Chart, the date 8/22/07 comes up as a countdown and cluster point. It's also 450° or 1 1/4 times around the circle from the start of the swing low and start of the current Gann Grid.

The count is 1, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, etc. It's also good to look for doubles of those numbers. 2, 6, 10, 16, 26, 42, 68, 110, etc. The hard part is to not to get carried away. By starting with the Fibs first, the numbers will usually reveal themselves. In the chart below I found 2 instances of 68 or 34 x 2.

Fibonacci growth cycles don't always look pretty, but the points of the cycle make for good swing trades because the minimum is at least 3 trading days and many times 5 to 8 trading days. There's a nice tetrahedron in there if you can see past some of the clutter. Ideally, this point of time will also be a good spot to continue the Fibonacci growth patterns and count down.

Based on the last low, the date will be 3 bars away, so if the last low is truly a low, I'll be looking to short on the time target.