Butterfly effect and Fractal
have you seen butterfly effects on domino's ?
after starting a new impulsive wave, it makes correction, like a force of your hand dropping first domino and then it falls
if it doesn't have any disturbance, that wave can continue and make second wave which is bigger but same in patterns...
its all about fractal like cabbage, tree leaf
how much bigger ?
Fibonacci series is a best unthinking answer which came from nature
it says that each wave can born from tow pre-waves as its parents (1,1,2,3,5,8,13,...)
if you zoom in subwaves, you would find out that thay have same patterns, but extended in scale
exactly like you and your parents and your grandparents...
all you have to do is recognizing true first impulsive wave in the end of equilibrium
dont forget to have enough accuracy when you choose first cycle, becase it can make much much bigger errors in extend
you can calibrate your time cycle to ensure you have chosen first cycle write
Timecycle
Crude Oil - experiment !Hy trader !
This Crude Oil weekly chart is a combination of 2 Fib Circles ,Time Cycles, Sine Line and Fib retracement !
No trading advice !
If you like this post smash the like👍 button, comment or follow me.
Thanks for reading my idea,
Trade save!!
BTC HTF Log View + Fib Time for Jan 4th 2022Appear to have found a potentially epic Fib time, starting from the very beginning of BTCs recorded upward thrust. Thought some might be interested, so am deciding to publish this chart. Note it catches the last cycle high almost perfectly, as well as the most recent high at the 4.618. Fib time 5 shows up on Jan 4th 2022. This is closely aligned with many analysts prediction of near the end of this Bull cycle.
There is a simple fan drawn of the tops. The top of the last 2 major bull cycles trend line is in the middle, and intersects with Fib time 5 showing in the area of $344K. Which is also closely aligned with many predictions of BTC hitting in the 6 digit range this cycle.
Note the Fib retracement is from the absolute bottom to the absolute top of BTCs recorded history. This current retracement is hitting very strong resistance right now. The Fib retracement "Golden Pocket" of the entire chart is roughly between $24.7K and $22K, with the last cycle high being just under $20K hanging out below.
I'm not sure BTC can rally $300K+ in 6 months, but... what do you think?
If nothing else, looks to be an interesting next couple of months.
BTC/USD cycles: 70-90% dips are normalLong-term play on cryptos can be much easier if we wait on big dips and also consider the time perspective. If we look at past cylces we can see nice reversal up after 70-90% pullback which seem to be very normal for this market.
We have no idea where market will go from here, but it can be easier to invest if we wait on that potential dip and little bit longer correction in time as well. All I know is that it's too early for me to invest anything longer-term. If I get that dip it can be attractive but till then only watching. Let it unfold...
EUR/USD turning point on 1H chart which will occur on 2021.05.06Here is a possible trend changing point for EUR/USD pair on 1H chart which will occur on 2020.05.06. It will occur on 3EST (Eastern Standard Time) on hourly chart and most likely to occur around 3.15 EST in 15 min chart. A swing top or a bottom should be formed on that time
BTCUSDT Elliot waves Harmonic Pattern Time Zone AnalysisHere is my new BTCUSDT analysis!
first of all, By considering Elliot waves as the main part of price motions, an Ending Diagonal triangle appears at the end of the fifth wave!
Secondly, there is some great evidence of creating Cypher or Shark Harmonic class B patterns! PAY ATTENTION: Point B is crucial in those patterns, so we have to wait for breaking this important point!
Note: What others don`t take into their consideration is Time Analysis! April 29 and May 13 are the next steps to see another top or bottom! And on top of them, there would be an important time zone from jun7 till aug2!
Warning: THIS IS JUST FOR SHARING IDEA AND NOTHING ELSE, PLEASE BE CAREFUL ABOUT YOUR INVESTMENT!
All in all, let me know how do you think about my analysis!
bitcoin potential movement at early timeBITSTAMP:BTCUSD i think it need some rest for last upward movement and it can reach 60% to 80% up trend.
moreover it has 48 days MA for support.
if you able to buy in that PRZ position it will be great.
that's my personal idea and i just wanted to share my idea with you :)
Simple & Easy Observation using by TimeCycle on a Bitcoin chart.A TimeCycle is an event, such as a price high or low, which repeats itself on a regular basis.
The Bottom-Out over the Bitcoin, The chart below shows a cycle with a length of 66bars.462days.
=> Let's just assume logically, where is the TOP-OUT?
The TimeCycle started from Dec2017 to June 2019 which has a length of 80bars, 560days, and the respect of this statement - Next Top should be January 2021.
Conclusion: Long is risky for Jan and Feb for traders.
Important Ratio of Harmonic Pattern:
Cummins good long candidateCummins cmp 471
Deep crab pattern formation
Counter trading falling channel pattern.
counter is trading in 91 weekly cycle for peak to peak formation
and 88 weekly cycle for bottom to bottom formation.
RSI have given long term breakout from falling resistance trend line.
counter can be bought at cmp and also on dips,, view gets negated below 420 levels
up side 550--600-650-700 levels possible