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Timewave

Venzen Timewave Theory 2.0A cleaner macro perspective. Long May 2020. Target: 190K.
BNC:BLXLong
by toateotihuacan
Updated
33
Venzen's Timewave Theory (VTT)Using Time Fibonacci sequence, and adjusting numbers based on the previous wave to find approximate entries/exits and points of interest, I have the following: 0,1, 1.555, 1.845, and 3; low, high, knife catching, end of bear, and next high. The magenta line is a "bars pattern" of the previous 2014-2015 bear market, elongated to match my time frame. I'm kicking myself for not buying the weekly 200MA which lines up with the yearly pivot of 3150, but subconsciously, I believe I am/was still waiting for the penultimate bottom. Credit to Venzen on Tone Vays' channel, for inspiring these ideas. Use my time fib numbers to check out how well these numbers match. I am especially impressed by the "3" aligning with the high of 2017. October of 2023 is the target high of the resurrected bull Let's see how this plays out. -- Toateotihuacan
BNC:BLX
by toateotihuacan

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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