Pulse of an asset via Fibonacci: SPX true 4.236 correction done?"Impulse" is a surge that creates "Ripples", like a pebble into water.
Each of the Ripples has precise bounds defined by the "Golden Ratio".
Until a new Impulse occurs, the Price oscillates within "Energy Bands".
The Golden Ratio is the underlying building block of the entire Universe.
From the Arms of a Spiral Galaxy, to the Bones of Your Fingers, it's in there.
If there IS a God, then we will surely find Him/Her/It thru the Golden Ratio.
Shown here is the SP500 Index, and the correction started by a Covid variant.
500 large companies, each with hundreds of variables, worth trillions of dollars.
Yet, the "Answer" to that ridiculously complicated equation is "The Golden Ratio".
4.236 is the most common wave endpoint, so the correction may well be done.
The numerous "Pings" along the wave front confirm the validity of the fib series.
The "Impulse Core" (the golden pocket) will be the strongest resistance in this area.
.
My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only
.
Goldenratio
Chart Patterns Tutorial Technical AnalysisThis video is an overview of Fibonacci golden ratio chart patterns for those who are new to trading, crowd psychology, and/or for those who aren't sure what any of this means.
I am particularly fascinated by the fact that certain world events and media FUD are aired in accordance with certain fibonacci zones, which is contributing to an in-depth exploration of the hive-mind hypothesis beyond what could merely be trading reaction to support/resistance zones without macro global influence involvement.
I hope to eventually chart a time frame of media events and compare how they line up within the various golden ratio zones.
CRO RETRACEMENTCROUSDT will likely continue to retrace to ~ 60 cents (0.618 Fib) before it will have the strength to continue its break out. Be careful as the market is very volatile, do your own research and come to your own conclusions, this is my amateur idea.
Buy order ~60 cents
Stop Loss ~ 56/57 cents
TP 1 ~ 84 cents
TP 2 ~ 98 cents
GOLD BULLISHI am waiting for this retail traders trend line to be outtaken and then when GOLD grabs the liquidity I go long, I check entries in the 5 min timeframe and even 1 min, wait for the structure to be broken.
Have a REALLY tight stop-loss doe GOLD is behaving very volatile right now. I am not a financial advisor and don't have any education at all. letsgo!
Bitcoin Mathematics and RelationshipsIn mathematics, Fibonacci is the sequence of numbers that defines organic growth. In animal and plant life, the human body, as well as in success in life, this sequence is observed.
Though science generally accepts the spiral pattern in certain aspects of life on Earth, some believe the Fibonacci sequence (named after Leonardo of Pisa who was nicknamed Fibonacci) is a mathematical equation for life as a whole.
Technical analysis using Fibonacci retracement levels determines support and resistance levels. The Fibonacci sequence can also help us reach our goals and succeed in life. This sequence is relatively simple in theory.
It's important to realize that the choices we make today will determine our future. We can achieve a better future if we learn from the past and incorporate that knowledge into the present.
As an example, consider relationships, which are made up of the interactions we have with people with whom we have regular contact over time. The Fibonacci sequence is working naturally in some relationships where the interaction is mutually beneficial and appears effortless. However, other relationships can be difficult to interpret.
Assess a specific situation by identifying and understanding the point of disconnect.
Apply that understanding in the present. Similar challenges arise again in new forms. By coming to terms with the past point of failure the current challenge can be overcome. If applied correctly the patterns of behavior balances and forms organic growth.
Harmonic Math BTCThe multiples reference the Golden Ratio (1.6) and the Fibonacci sequence (0, 1, 1, 2, 3, 5, 8, 13, 21). These are important mathematical numbers. These specific multiplications of the 350DMA have been very effective over time at picking out intracycle highs for Bitcoin price and also the major market cycle highs.
Golden Ratio Natural BitcoinNot gonna lie - the fact that Bitcoin is teaching us that God is really just a fractal - as well as everything else in existence - and our actions and psychological behaviors are somehow pre-programmed and made manifest in golden ratio chart trading patterns is well...is something.
Chaos in order... How we will behave in the future is dependent on our free-will. Err I mean dependent on the fibonacci sequences.
Bitcoin Golden Ratio StaticI made a video of this chart explaining in detail - the computations.
Every time I tried to publish this chart, trading view messed up the half circle fib extensions. So they are not in the correct place.
Just know that any way you spin the board (diagonal, sideways, vertical, horizontal, left, right, up, down) the golden ratio math connects with perfect cohesion and tells a story.
Why don't you try to connect the dots for yourself? It really stretches that mental muscle. It's good for you.
The book the Black Swan tells us that eventually the math will be wrong. Or will it? Has nature ever been wrong? Has fibonacci ever been wrong? I suppose when we break a system, or a sea shell - it becomes invalidated.
Please don't take this as investment advice. This is just for fun.
Bitcoin Golden Ratio VideoI am SO SORRY about the scratchy sound. I was being lazy and resting my laptop on my legs in bed.
I thought it would be more useful to explain my thought process rather than post a static photo. Let me know if it helped.
This is just a theory and SHOULD NOT be taken as any sort of investment advice.
This is just for fun and to inspire you to connect the dots in your own unique way of seeing things.
GOLD investing predectionHello , its been 4 years since gold was rising completing a wave with 2 levels , and yeah we still awaiting for the 3rd level to make a reset , so my future prediction is a year left of rise (2022) in order to complete the last algo trading movements. i suggest to keep holding GOLD
BTC - Bitstamp Wicks GP - Coinbase Just ShortIn a replay of the price action as price ascended to the .5 retracement of the 65-28K move, Bitstamp led the way, hitting the target and promptly reversing. Coinbase is one step behind, just as was the case with the .5 Coinbase is just short of the line to gain.
EURUSD H1 Chart Analysis & IdeaAs the EURUSD resets for the next trading week, price closes at 1.1795, inside a contraction level zone around 1.182/1.178, nearest demand zone around 1.172/1.168, nearest supply zone around 1.188/1.192, with weekly close reset trading range between 1.19 & 1.17, these are the areas of interest in this chart as of the week close. For price action, there's this wedge-like structure forming up on the hourly, and on the zoomed-out 4-hourly there's a established descending parallel channel getting escaped to the upside, maybe some more downside is possible, but only to grab liquidity further down and then move for higher prices, as this market finds a demand imbalance.
Shopping areas in gold !!The price remains a fairly wide range. It is worth noting above the bullish volume.
In larger charts the operation will be bullish therefore we must look for the most profitable area to add positions.
We are patiently waiting for the alteration principle as we assume that we are in a correction wave 2 formed by a 3-3-3-3-3 structure.
BTC - Brainstorming Swing Lows of 12h 20 EMAI was just kicking this around, nothing too deep. But we swing low on the 12h 20 EMA about 2 or 3 times a month this year. The average drop in price on these swings (from previous high to new low) is 19%. But they varied quite a bit more, from low teens to over 30%.
If we applied that average 19% retracement to the current price action, that would take us -almost- exactly to the 62% golden fib, around $34.4k.