Action
Chart MechanicsIt was only after studying the works of Ehler that I started looking at the charts as frequency. It was something so obvious that was staring me in the face but I couldn’t see it. Ehler is by far my biggest influence when it comes to chart analysis and indicator development, what makes him different is his background in electrical engineering. Many of my scripts are based on his work including Boom hunter pro, Tesla coil and the Center Of Gravity Oscillator. His contributions are so amazing yet are hidden away in the deepest corners of the Internet. Don’t believe me? Try google him. Since I first looked at a chart I wondered why the charts do what they do, why the same patterns keep appearing, how does Fibonacci fit into all this and what is really happening in a breakout…
What you are about to read is my theory and based only on my own research and theoretical science.
At first, I was searching for a formula or algorithm that would explain the rhythm and behaviour of price action with no luck. It was only after I converted the ticker into audio and started running it through some filters that I noticed it is not a digital signal at all. The waves and behaviours matched an analog signal. The only conclusion that I can come up with is at some point the chart ticker signal is getting passed through an analog circuit or a possibly but unlikely, a digital processor emulating an analog signal. This means the ticker data is travelling through a unit with electrical components, perhaps an audio amplifier or radio transmitter style circuit. My theory is this device is used to adjust the ticker price according to volume. When volume increases charts behave just like an increase in voltage, likewise when the volume decreases the price action operates at a lower voltage. I could go as far to say that a circuit like this is likely to be manually controlled by some potentiometers (knobs) that can adjust the voltage and bias of the signal passing through the circuit… but I won’t.
Ive narrowed this down to 3 possible reasons. 1. This device was created to “randomise” ticker price to make the charts operate how they do, or secondly., it was an accident. My third conclusion is a combination of 1 and 2. I suspect when originally transmitting the chart ticker data by radio frequency the data on the other side came out messed up and random. Before the 1980’s this type of interference happened a lot when sending an audio signal wireless and usually came down to need to boost the signal with gain. There is a possibility that they liked what they saw and kept it to make the charts interesting. If you make your own exchange you will see that price action is boring and does not move like the charts that come from exchanges. If this was the case then there is a good chance as technology improved the need to transmit by radio was no longer required but they still wanted the “price action” so they built a box to emulate this response without the need to transmit wirelessly. It works like a filter over the the ticker price.
A wise man once said “Understand magnets and you will understand everything.”
Without magnetic energy electricity can not flow nor exist. Think of it as in layers. A magnetic field serves as train tracks (grid) for electricity to travel. The path of the magnetic energy dictates the path of electricity in a physical form.
Magnetic energy has its own tracks, this field runs on a simpler set of rules than magnetic energy and does not have a materialised presence such as magnetic energy or electricity. You can’t see it, touch it or measure it directly. This makes it a theory impossible to prove in modern western science. Things like sound waves and light waves run on these rails , in fact everything in this universe is built on this field. To sum it up basically: magnetic energy is only required when materialising a wave.
Before you jump in the comment section and call me crazy please consider I am not the first to talk of these principles. There have been many before me such as Hermes Trismegistus, Pythagoras of Samos, Leonardo Bonacci, Leonardo da Vinci, Nikola Tesla, Albert Einstein and Ed Leedskalnin. Even Isaac newton devoted 10 years of his life translating the emerald tablets of Thoth in an attempt to understand these principles. In my onion these are some of the greatest minds to bless our planet in modern history (last 12500 years).
Why do I mention all this?
These rails are important…
The chart data coming from the ticker feed has analog processing, this means it is bound by these laws and price action is not random.
The screenshot below shows 2 rules important to consider when trading.
The waveforms of the chart MUST move within a channel. Channels can double or they can halve. There are an infinite amount of parallel lines within one parallel channel and infinite channels outside it. “As is above, so is below”. Every chart is just parallel lines within parallel lines. This doubling and halving process is the foundation of creation and life itself.
1 + 1 = 2... The first step of the Fibonnaci sequence. This is why Fibonacci lines and sacred geometry work on the charts. There is is not a Fibonacci line on the chart because that’s where all the volume is, There is a lot of volume because that’s where a fibonacci line is. I won’t go into detail on how and why but it has to do with the travel of polarity. The first doubling creates the first step in creating a vortex within this sub-magnetic rail system. Yes, there is a rail system that these rails run on too but lets not get into that. If you plot the Fibonnaci sequence on a 4 axis chart in every possible way (12 dimensions) you will be left with a very messy chart with lines going in all directions. Out of these lines there are darker areas where the lines cross over more often. If you look at these darkened areas it is a picture of a perfect 3 dimensional vortex. Inside this this vortex you will find all the golden ratio patterns as well as a Merkabah in the center and many other shapes you will recognise but thought nothing off before. I know this because Ive done it. What I'm trying to say is the fibonacci lines are hotspots of connectivity + flow and are essentially neutral zones for poles to connect and join this vortex to create a larger cell/vortex.
So what is a support and resistance line?
These lines are actually bands. And have the characteristics of a magnetic pull/push. The image below shows a parallel channel that price action flows in. The neutral line and support and resistance line are just smaller parallel bands and behave accordingly. In the image I use North and South as an example but at this level there is no such thing as north or south or positive and negative. They are just opposites. Neutral is the area where these opposite poles flow into each other and back out again creating a connection point for the next channel to attach itself. Consider this to be the eye of a vortex. This is similar to a parallel wiring configuration used in electronics, it is also how cells in our body divide and connect. Support and resistance lines are not only just straight lines they are also dynamic like a moving average (EMA) but these dynamic lines are built from this straight line grid. I use 4 labels to describe a SR line, active, inactive, static and dynamic. Active lines are involved in current activity. Inactive are not in use. Static - a straight line and dynamic - a moving line.
If you don’t understand, don’t worry, Its about to get simple…
In this screenshot below I mark out the strongest channel BTC is travelling in currently. In the chart on the left I have simply kept halving this channel. See how price action bounces between these lines. It's no coincidence.
In this screenshot I have drawn in the other active channels of price action. At this point price action (wave/current) is trying to charge up a new set of lines but but with only 2 connection points the current cannot delivery the energy and is required to create more connection points. At this point price action can only go in 2 directions.
In this screenshot we can see the waveform has now connected another line and can now pass more energy through. This a parallel connection effectively doubles the voltage and ohms of the link.
Using my Tesla coil indicator we can see the charts as a frequency. When the price action charges a connection point it creates an explosion. Well… Its an implosion. First the waveform needs to pull in and switch polarity before exploding outwards.
Below we can monitor the polarity activity using my Technicals pump wave: EVERY BREAKOUT FOLLOW THESE RULES.
So what does this all mean?
I don’t trade charts, I trade the signal that comes from the machine that makes the charts…
Chainlink forming head and shoulders pattern then reaching ATHChainlink forming a head and shoulders pattern testing resistance a few times and is projected to hit $22-$23 before retracing back down to $15 area. At which point things look like we are going for new ATH .
CHAINLINK END OF 2021 CHART PREDICTIONJust a simple prediction charting out where chainlink will go next before making a possible retrace back to its previous low. It's higher high lands right at the break of new years jan 1st 2022 before possibly retracing back down.
USDJPY is gonna fall for daysWelcome dear friends;
In dollar/yen chart there is a QM level (kind of head and shoulders) that price is gonna drop from there and go along. in yellow level price will drop with confirmation in 1H & 4H, and a target to A area. Yes, I think price is gonna fall, but it is temporary, 'cause there are bigger bulls that wanna buy low.
NZDUSD tradeHey everyone,
i pinned, where i go to the short trade. When is the risk 2%. So this week i have two trades. First 4%, this is -2%. My week have now 2% in profit.
For my idea is the next level, because i have see next trade with bad stoploss. For me is mistakes, which me push up.
Jindrich.
EURUSD HTF Price Action Analysis(Monthly)Hello Everyone
First of all, this one is for educational purposes and definitely not for trading or any sort of investment advice, therefore it's only an analysis. Since this is a monthly chart, you can clearly see Eur is still in a downtrend and the recent retest of the supply zone clearly shows bears are in control and the price stuck in a huge range. If the quarterly demand area can't hold the sell-pressure. Next target of the sellers would be the lows i've marked on the chart. And if it doesn't provide enough buying liquidity, next support is also marked on the chart. In order to create a bullish signal, buyers need to push the price above the orange area and should reclaim this area with a retest at least for couple weeks to give an impression of now the buyers are in control.
Although, since Eur is a currency, others factors such as inflation/cpi and dxy should be taken into account in order to make an assumption.
BTC Potential for next year 2022. So previously on my Twitter, I called the top where i did indeed take a sell position, but never the less looking more in depth into the coin. We can see what I saw the last time BTC dropped from 55k to 30k just on a bigger timeframe. I am referring to the fact we have a Trendline which is currently being either tested or broken around the 47k-52k mark. As you can clearly see we have created a pin bar candle just in between the 20 and 50 day ema followed along by a straight bearish candle which shows no upside wick. That gives me an indication we could easily retract to the top of this candle giving hope for the trend line but i do strongly see rejections followed @ 52924.50 where shorts will be taken down easily to 19666.00. Once we reach my target i do potentially see BTC as a healthy market and i look to invest monthly into it as a growing asset.
4th of July all over again for chainlinkLooks like Deja Vu. Chainlink is echoing the falling pattern that took place in the beginning of July. Looks possible we may see a wick hitting on or close to the $13.00 range. Getting nervous as I'm publishing , fear of missing profits while I'm typing. Good luck keep your figures crossed and take profits along the way. Upside....$13 dollars an awesome buy for Link for those who missed it last time.
EURUSD LONGI cant provide the full analysis because trading view asks to be in a 15 minute chart.
But i will explain why do I think is going long.
So we had a price inefficiency on 2 minute time frame when the price went to mitigate that gap made a really good and valid SC so im just waitng that price mitigates that to indeed go bullish.
Crypto Daily Market Update - Neutral - Ethereum Hits Resistance!In this video:
* I run down the crypto charts in attempts to gauge current sentiment
* I take a look at outside indicators and influence, such as the DJI and Nasdaq
* We take a look at the VIX
* Overall, we are in neutral territory and must keep out eyes on the stock market price action as it will influence us in the crypto world.
Price Action : Cardano, Where is the best zone to buy?Identify
Cardano : ADA
Market Caps: 50B (6th globally)
The long-term trend is an uptrend when the price makes a high, higher than the previous high. Price peaked at: 3,085 USD (According to Binance) and is trending back
So where will the price go?
According to my method, the price will go to 2 places, the old top or the old bottom. Currently, the price has broken the old peak (area 2.3 - 2.47) and has returned to retest 2 times and succeeded.
It is predicted that the price will go to the previous strong buy zone and then continue to rise in the big uptrend.
Potential buy zone is 1.03 - 1.16 USD