Geometric Experiment

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
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A geometric             experiment to observe how price follows certain geometries (assuming price moves down).

In this case I have used a rectangle generated from two recent highs (green rectangle ). A square             was stacked and a double square             rectangle produced.

Interestingly I cloned from the green rectangle L-R first. I then added the 3 rectangles to the left of the green square             . The left edges coincide with considerable upward thrusts.
*The cropping/ framing of this chart is way out. Depending on what monitor I'm using it seems to crop the chart in an unflattering way
Did you do some back testing on this method. Because if this is all you've got, I would say your sample size is way too small.
BullFish PRO Spekulatius
Thanks for the comment. I mess around with quite a bit of geometric analysis in architectural drafting programs and unfortunately TV does not allow the accuracy to draw and publish more charts. I can say that from my experiments in autocad with sacred geometries that the patterns are fractual. They can be scaled in and out from 3day time frames down to 4hr (i havent gone to any scales smaller than 4hr atm).
Spekulatius BullFish
What Im askin is basically if you have tested your method against some historical charts of Bitcoin to know whether this works on a regular basis or at least under what conditions.
BullFish PRO Spekulatius
I looked at the high on April 24th ($166) and the low of May 2nd ($79). The way the chart respects the geometries is very interesting
Spekulatius BullFish
If you find more evidence, let me know;)
Thanks a lot for sharing this. It is indeed really intersting. I was wondering if this could apply to log scale? would it make sense? Thanks again.
Hi Telemaco, Thanks for the comment. I haven't tried geometric analysis in the log scale. I'll see if I can find a host for images and then see if I can post, in this comment section, some similar studies I have done in auto cad. I highly recommend any one who is interested in Gann, Geometries etc to learn a Computer aide CAD program and place a screen grab of a scaled chart in there (1 unit price to 1 unit time) and start drawing over it (sacred geometries are a fun to experiment with).
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