Forecasting and Geometry: Ellipse

Hey! Hope you are well!

In today's chart tutorial there is a gann box; it has harmonic arcs of the same proportion. This box was constructed using the proportions seen on the chart.

On the daily chart, there is a fibonacci time sequence of 37, 53, 75, 295, and all. There is also a price of 3.665 and 1.199. From the price, the height of the box is formed; from the time sequence, the length is constructed.

These two values form a rectangle, but the rectangle must be intersected to form a proper ellipse; therefore, the ellipse has the eccentricity base from the rectangle; however, its dimensions are a 1.414 proportion to the original ellipse fitting the rectangle.

Enjoy!

Suggested Reading:
Law of Vibration - Tony Plummer

Michael Jenkins - Geometry of Stock Market Profits, Chart Reading for Professional Traders, Complete Stock Market Forecasting Course

Scott M. Carney - The Harmonic Trader, Harmonic Trading Volume I, Harmonic Trading Volume II, Harmonic Trading Volume III

H.M. Gartley - Profits in the Stock Market

Bill Wiliams - Trading Chaos, New Trading Dimensions, Trading Chaos 2nd Edition

J.M. Hurst - The Profit Magic of Stock Transaction Timing, Cyclic Analysis: A Dynamic Approach

Fabio Dreste - Quantum Trading

Michael Jardine - New Frontiers in Fibonacci Trading

The Wave Principle, Nature's Law
Ralph Nelson Elliot

Technical Analysis of the Financial Markets
John J. Murphy

A Complete Guide to Volume Price Analysis
Anna Coulling

Mastering The Elliot Wave
Glenn Neely
Gann BoxSupport and Resistance

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