A different perspective using exponential moving averages and "smooth" wave counts only.
Each EMA represents an X number of Fibonacci-related periods.
There's no Priceline, so there's no noise. No exogenous nonsense; no Institutional Oil dumping, no "fear"-induced VIX interference, and only some government meddling.
Thought we could just cut right through it...
An idea with a linear chart as a noise removal technique.
First, let's address the term "Noise" , in a broad analytical context, noise refers to information or activity that confuses or misinterprets genuine underlying trends.
If we strictly speak in a technical context, noise is simply all the price data that distorts the picture of the underlying trend this...