Frank Miller

“care about each trader’s expectation or analysis, or emotions. Sometimes, the price stops for a while at the extensions and then continues if the trend is strong enough. In other cases, the move may reach or just about to reach the extensions before bouncing back. This is why you should learn how to watch the price reaction at the extension levels”
― Frank Miller, Secrets on Fibonacci Trading: Mastering Fibonacci Techniques In Less Than 3 Days

“When a market is moving strongly in one direction, we often do not see enough support behind the countermove. In other words, although the dominant side is losing steam, the counter side is not strong enough to make a considerable correction. The trend is, therefore, highly likely to continue in its underlying direction.”
― Frank Miller, Secrets on Fibonacci Trading: Mastering Fibonacci Techniques In Less Than 3 Days