Gold Spot / U.S. DollarUpdated XAUUSD - Highway Expansion and Detour
Just have to keep finding ways to patch the mistakes by improving the casting method. Updated with new casts.
Note
Now we know, inverted horizon means up. Thereby we have confirmed CHFJPY event horizon, it is above, therefore CHFJPY will have action below it.Conversely, the action will be above the inverted event horizon.
The event horizon is key in determining trend.
Had I known the what the effect of the event horizon was, I would of chosen the higher intersect based off the data.
Now we know.
Note
The event of horizon occurs when there are many intersects at one point. That is how I determined and named the location Event Horizon, its a major pivot point of data, that we now know how to read.Note
In the future models the event horizon demarc point will be with every chart.Note
Since the two event horizon, it will sink at opening possibly to the caution signs below, then fly back up as a result of the horizon below. So, large short to open with a surprise long upward retest. Probably it will travel outside of the predicted zones, zones being merely a passing zone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.