The Lucas Number sequence from 0-123 is the main topic of this post as it accurately predicted tops and bottoms of 2017 bull run with a very high level of accuracy. Periods of consolidation can also be predicted with halfway points between levels and then beyond incorporating those halfway points.
Lucas Number sequence prime
N of Lucas Number prime
Lucas Number sequence
P.s What would be an interesting take on this would be using some sort of indicator to hone potential timings.
Lucas Number sequence prime
N of Lucas Number prime
Lucas Number sequence
P.s What would be an interesting take on this would be using some sort of indicator to hone potential timings.
Comment:
2, 1, 3, 4, 7, 11, 18, 29, 47, 76, 123, 199, 322, 521, 843
The primary focus of this was to look at the Lucas Number sequence and it has shown a very high accuracy of results predicting the 2017 bull run almost perfectly; this goes to show this may be a good indicator to predict retracement points or future price targets.
The grey lines are halfway points between the Lucas numbers and the respective halfway points between them, which I have found predicted the consolidation of this Q1-Q2 2018 move which is also represented accurately by the prime and n of the prime sequence.