Rare event. Anyone seen this before?

Beginner Questions Candlesticks, Chart Patterns, and Price Action
1

On the 15 minute USDJPY chart all Smoothed Median (HL/2) Fibonacci Moving Averages from 3 to 610 are converging within a very compressed range within the High 610 SMMA and Low 610 SMMA (except the 55 & 89 which are close) and the 610 Smoothed Median Fibonacci Moving Average is running down the middle almost perfectly horizontally. I haven’t seen this phenomenon before. Has anyone else? Just curious.

Lime = Price Line
Red = 3, 5, 8 & 13 SMMA’s
Blue = 21, 34, 55 & 89 SMMA’s
Yellow = 144, 233 & 377 SMMA’s
Magenta = 610 SMMA’s (3) High, Low & Median

usdjpy m15 rare.jpg700×348 20.9 KB

2

Oops! My mistake! The 610 for Highs and Lows are EMA’s, not SMMA’s only the Median is a SMMA. It would be normal for the Median to be between the other 2 otherwise.