it consists series of angles that ranged from 1 to 360 degrees.
in the up-chart, we have a full cycle which is 360 degrees,
i highlighted the main angles with small circles and the sub-angle between every 2 main angles.
So, the price starts moving from angle 0 to the main anile according to his character and for characters, we have the most familiar characters
From 0 to 360 = circle From 0 to 270 = straight line From 0 to 120= triangle From 0 to 90= Quarter From 0 to 72= pentagon
how we can benefit from these angles?
First of all, we need to know a little bit about the cycle each time we use it. Actually, it depends on the time frame e.g 1H, 4H, 1D, 1 W, it is up to the trader's preference.
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.