Here we have my STOP LOSS TRIANGLE on our beautiful Bitcoin — if you’re not quite sure what I mean or am doing drop me a follow here and check out a few post! Or come find me on X —
The beauty of this concept is the ability to trade with rules the potential retracement in price/time symmetry distinctively and without emotion, as the underlying trades to...
Trend is observed from an impulse run’s lowest/highest point and projected outwards in symmetrical fibonacci retracement via price/time from the first reversal candle to the end of the rally, creating crosshairs. These ‘crosshairs’ visually represent the trending ‘price distribution projection’ in price/time symmetry.
Using this concept, I draw a ‘projection...
Fundamental —
Trend is observed from an impulse run’s lowest/highest point and projected outwards in symmetrical fibonacci retracement via price/time from the first reversal candle to the end of the rally, creating crosshairs. These ‘crosshairs’ visually represent the trending ‘price distribution projection’ in price/time symmetry.
Using this concept, I draw a...
My BTC weekly chart potential combining the 38.2% fibonacci retrace showing a perfect BAT harmonic. A CYPHER could pop up and show potential too if PA continues above the original impulse run.
I’ve applied the trend-based time fibonacci to see systematic potential in time along with verticals price action. Essentially back testing theory to align where the PA...
I have been tracking this harmonic into the new year and will start looking to build into position soon. I am currently looking for a downtrend reversal candle and waiting to see buyers step in.
