Geometry: Ellipse and Adjusted Axis

Hey! Hope you are well!
Here is an adjusted axis on the five minute chart; the native chart I was using is five minute; here is the picture of what it looked like.
snapshot

The varying eccentricity of the ellipse comes from the varying circular levels such as .25, .5, .75, 1, 1.25, 1.5, 1.75, 2
Imagine the circle as a 1x1 ellipse; now imagine the next ellipse as a 1x1.25; imagine the next one as a 1x1.5; go all through the varying harmonics of 1xn.

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
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