I've tried to make this chart look as least intimidating as possible, because that always makes for a good chart!
The market cycle playing out is a fractal (elliot waves). Entry is at the 50DEMA. Time-fibs have been spot on in the previous cycle so they're worth considering in this fractal. Also, the fib-extension from the last cycle is relevant to this cycle.
I will be going margin long on this on poloniex :)
Thanks, Caleb
The market cycle playing out is a fractal (elliot waves). Entry is at the 50DEMA. Time-fibs have been spot on in the previous cycle so they're worth considering in this fractal. Also, the fib-extension from the last cycle is relevant to this cycle.
I will be going margin long on this on poloniex :)
Thanks, Caleb
Note
Forgot to mention that theres a smaller fractal of a falling wedge playing out on the 4H timeframe, and it looks identical to the much larger move at play (as shown above). Beautiful.Note
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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.