I apologize for reposting this idea, but I was banned for 24 hrs and my ideas hidden for including a link to an outside source. But here it is again.
This chart does not show the details because TradingView does not allow you to publish ideas at the 1 minute level, they must be at the 15 minute level or higher. So drill down on your own chart to see the details but here is a snapshot at the 1 minute level to see the details.
The pattern is the same at all scales it just has not fully played out on the weekly monthly scale in 2020. We can see these same patterns over and over at the minute, hourly, daily, weekly scales. They are all building blocks telling a story what the bigger structure will look like in a few weeks to a few months.
Sequence & Key Features of the Fractal Pattern
Build up.
Crash in Impulse (12345 Elliot Wave ).
Initial impulse up (12345 Elliot Wave ) with higher highs to start the rally.
Correction in a sideways channel about mid way through the rally ( ABC Elliot Wave , ABCDE Elliot Wave , or one move down).
Note: this shows up between Fibonacci levels, mostly between 0.5 and 0.618.
Impulse up again (12345 Elliot Wave ) to the highs.
Note: the last leg is generally very impulsive.
Reversal pattern (single-top or double-top or triple-top or head-shoulders)
Note: highly likely at a Fibonacci level like 0.786.
Correct sharply down to maybe a Fibonacci level or resistance level .
Try to recover from the sharp correction.
Move down toward the lows with 1 of 3 methods.
(a) Sharp 12345 Elliot Wave .
(b) WXYXZ Elliot Wave followed by a gradual grind down.
(c) Oscillate near, but below, the reversal levels, then gradually grind down.
Hit some type of bottom and gyrate, generally with an ABC Elliot Wave .
Start the process over.
For more detailed information you will need to contact me directly
What is a fractal?
Fractals occur in nature sea shells, brocolli, ferns, lightning, tree branches, snowflakes, rocks and mountains, and the HUMAN BRAIN. The human brain is made up of axons and dendrites at various scales, i.e. fractals. The human brain is designed/evolved just like everything else in the universe. When the universe finds an optimal process to build a single simple unit, it reuses that template and process to replicate more and more units to build more complex structures. So if the human brain is nothing more than a fractal it makes sense that human behavior can come out in fractals especially in deep emotions like fear and greed, i.e. the stock market.
This chart does not show the details because TradingView does not allow you to publish ideas at the 1 minute level, they must be at the 15 minute level or higher. So drill down on your own chart to see the details but here is a snapshot at the 1 minute level to see the details.
The pattern is the same at all scales it just has not fully played out on the weekly monthly scale in 2020. We can see these same patterns over and over at the minute, hourly, daily, weekly scales. They are all building blocks telling a story what the bigger structure will look like in a few weeks to a few months.
Sequence & Key Features of the Fractal Pattern
Build up.
Crash in Impulse (12345 Elliot Wave ).
Initial impulse up (12345 Elliot Wave ) with higher highs to start the rally.
Correction in a sideways channel about mid way through the rally ( ABC Elliot Wave , ABCDE Elliot Wave , or one move down).
Note: this shows up between Fibonacci levels, mostly between 0.5 and 0.618.
Impulse up again (12345 Elliot Wave ) to the highs.
Note: the last leg is generally very impulsive.
Reversal pattern (single-top or double-top or triple-top or head-shoulders)
Note: highly likely at a Fibonacci level like 0.786.
Correct sharply down to maybe a Fibonacci level or resistance level .
Try to recover from the sharp correction.
Move down toward the lows with 1 of 3 methods.
(a) Sharp 12345 Elliot Wave .
(b) WXYXZ Elliot Wave followed by a gradual grind down.
(c) Oscillate near, but below, the reversal levels, then gradually grind down.
Hit some type of bottom and gyrate, generally with an ABC Elliot Wave .
Start the process over.
For more detailed information you will need to contact me directly
What is a fractal?
Fractals occur in nature sea shells, brocolli, ferns, lightning, tree branches, snowflakes, rocks and mountains, and the HUMAN BRAIN. The human brain is made up of axons and dendrites at various scales, i.e. fractals. The human brain is designed/evolved just like everything else in the universe. When the universe finds an optimal process to build a single simple unit, it reuses that template and process to replicate more and more units to build more complex structures. So if the human brain is nothing more than a fractal it makes sense that human behavior can come out in fractals especially in deep emotions like fear and greed, i.e. the stock market.