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By application of areas,
The (375, 396) side
The diagonal for the small section (inverse area)
= Root (357² + 111²) = 391.08 units (approx.= 396 pts)
The (543, 571) side
The remainder of the side if we square out the 543 side = 543 - 375 = 168
Diagonal of section
= Root ( 545² + 168² ) = 568.39 (approx = 571 days)
(788, 825 side)
remainder of a 788 x 788 side = 788 - 543 = 245
Diagonal of section
= Root ( 788² + 245² ) = 825.2 points
To verify with the 0.691 ratio
Root ( 788² + 825² ) = 1140.86 units
788/1140.86 = 0.691
So the 788 days from the origin at 16/08/2018 should be our next target to look for a trend shift.
Thanks or your time and keep safe.
The (375, 396) side
The diagonal for the small section (inverse area)
= Root (357² + 111²) = 391.08 units (approx.= 396 pts)
The (543, 571) side
The remainder of the side if we square out the 543 side = 543 - 375 = 168
Diagonal of section
= Root ( 545² + 168² ) = 568.39 (approx = 571 days)
(788, 825 side)
remainder of a 788 x 788 side = 788 - 543 = 245
Diagonal of section
= Root ( 788² + 245² ) = 825.2 points
To verify with the 0.691 ratio
Root ( 788² + 825² ) = 1140.86 units
788/1140.86 = 0.691
So the 788 days from the origin at 16/08/2018 should be our next target to look for a trend shift.
Thanks or your time and keep safe.
Comments
144*8 = 1152.
Just one octave difference (12 units)? 1152-1140=12
Would you mind explaining a little more about what the areas correspond to? What do the degrees of the angles within the squares tell us?
Sorry, I am a bit slow to pick stuff up sometimes. Thanks and have a great week!
P.S. Natural gas looks like it is positioning to break through major resistance in the near future.
If I get your question right, you are asking about the significance of the 295.5 area value. That is the difference in the areas between the structure formed by the 659.9 and 956.9 sides.
The 659.9 and 956.9 also define the vertical heights of the cubic structures.
The low, 1046 + 659.9 = 1705.9. Price made a high at 1703
The height of the spiral = 543
1160 + 543 = 1703
Also for the 956.9
1046 + 956.9 = 2003
The price height for the 788 side = 825
1160 + 825 = 1985
This height is the level stopping the current advance.
So the two structures are measured from the origin of the bull trend, the areas measure the rate of transition from the smaller structure to the larger one.
Also the small sections are the areas which square out the rectangles formed by price action, the diagonals of the small sections are the sides that define the limits which align with the dominant sides.
The 396 is the diagonal of the small section which aligned with the 375 time axis.
The 568 is the diagonal of the small section if we square out the 543. Then this diagonal will align with the 543, which we had 571
Squaring out the 788 side, the diagonal of the compliment section is 825 units.
So we apply the areas just to square out the dominant sides and find the diagonals of their compliment sections, keeping in mind our strict ratio
The angles within the squares have two important significance, when we draw out only the price action rectangles, eg the 543 x 571, then the 1 x 1 angles will also be the diagonal of that rectangle.
If we draw another line from the opposite corner which will cut the diagonal at right angles, then the end of that line defines the inverse of the rectangle and the limit of the correction.
In the case of the 543 x 571 rectangle, the inverse angle cuts the diagonal at 1528 price level which was a support during the correction.
The angle ends the inverse side at 1446 price level. The correction ended at 1450
But when we square out the dominant side which is the 543 side then we have a 543 x 543 square.
The diagonal will be the 45 degrees Gann angle which will only be support/resistance during price action. The diagonal of the compliment side is what is rather important to give us the limit we need to align with the dominant figure
So we can say, this compliment diagonal gives us the extent of the rectangle and the rectangle furnishes us the inverse from which we can project the extreme end of the correction
A double top pattern or a high on that date would start a counter trend down which will take out 54% of the whole bull trend.