I'd like to note that ATR has been generally declining. Which is good because it increases the awareness of predictability which participants (Bulls or Bears) will take control of the market upon next spikes. If price will move up after significant ATR change, the market will remain turn bullish. Breaking the black dashed line can trigger a bullrun.
Right now the market might look like landed for now. But We know how price behaved in purple and blue area of bigger Refracted EMA.
Testing double Refracted EMA with different arguments in combination with Trend-Based Fib Time by @dgtrd
TIme is a very crucial factor that must be considered especially for those who trade individually without bots.
Fibonacci is a language of decoding order in chaotic fluctuations. With the right approach the TimeFibs can be capable of estimating not only duration of cycles but timing of the consisting waves.
Right now the market might look like landed for now. But We know how price behaved in purple and blue area of bigger Refracted EMA.
Testing double Refracted EMA with different arguments in combination with Trend-Based Fib Time by @dgtrd
TIme is a very crucial factor that must be considered especially for those who trade individually without bots.
Fibonacci is a language of decoding order in chaotic fluctuations. With the right approach the TimeFibs can be capable of estimating not only duration of cycles but timing of the consisting waves.
