Daedalus

Daedalus' Reversal Points

BTCE:BTCUSD   Bitcoin / U.S. Dollar
Daedalus' Reversal Points (DRPs) are based on a proprietary algorithm and currently supports 6 degrees from as short as 15min to as a long as monthly.

Degrees are displayed red, white, blue, green, orange and magenta arrows indicating the trend and when the past and future reversal points occurred and will occur.

The arrows you see on the forecasts are my TIME projected reversal points. The location of the arrows, up (⇑) or down (⇓), indicate the TIME the reversal points will occur. To determine the potential price, I use, and will train you to use, Elliot Waves and Fibonacci.

When the trend is going up, high reversal points (arrows) can happen late and when the trend is going down, low reversal points (arrows) can happen late. Also, when the trend is going up, the next low reversal point can happen on time or early and when the trend is going down, the next high reversal point can happen on time or early.

See more info at http://TheDaedalusReport.com/tips

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The Daedalus Report | http://TheDaedalusReport.com/
A SERIOUS Reversal Point Forecasting Service for 'Serious' Traders…
"Because TIME is more important than PRICE"
Post a few more examples. Good one (here at least)
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BTC 4hr chart forecast -> https://bitcointalk.org/index.php?topic=619863.msg9555675#msg9555675

A picture is worth a 1000 words! For some this chart forecast could be worth $1000. :-)

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Nice analysis. Any reason that it differs slightly from here?
+1 Reply
Thanks for the post, and welcome to TradingView Daedalus!
- lander
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