Testing historic pattern. Price and time scales of both graphs are synchronized => Use of angles is justified. Such scenario can play out only with the presence of positive internal and external factors are ahead.
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Unit of relativity is highlighted in yellow
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The current fractal is relevant until it’s broken by alternative unfolding scenario.
the only positive news are the fake economic reports being released by the US, do yourself a favor (not you the public in gen), ignore all US news for a day and only read foreign news from as many different countries as possible, then compare it to our bubble blocking news of communist controlled media and it's all puppies and rainbows. Anyone that does not see the blatant lies and manipulation deserves to get caught in the bubble when it bursts, especially since many have been warning as the bulls have been laughing at it.
LotusTrading20
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great work!!! how do you make the black lines on last image adjust for bigger absolute price variations as market is about 3.4x the same as in 2011?
@fract, i mean the projected forward prices... sorry, it's not a "line" really, it's a "line" chart only... do you adjust that somehow or is it a simple copy paste of the previous fractal? thank you
LotusTrading20
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@LotusTrading20, i mean the forward price projections on the April 7th image update.
fract
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@LotusTrading20, I get it.. The lane! I use additional fib channel as a background color layer.
samitrading
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Hey buddy, we are still going further from the 1st 58 angle. My W1 extended is just shy of .76 fibs 100 points to go then we should have
pullback. Any thoughts/updates on nice fractal.
wish u the best.
samitrading
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Hey bud, so no worthy pullbacks coming into our way soon.
LotusTrading20
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@samitrading, been telling you any pullbacks should not get scary near term :D actually, from a cycles point of view the one with some potential would be the expected to bottom around June... perhaps the second on this fractal... 17% still not too litle
samitrading
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@LotusTrading20, LoL, just another piece of the puzzle to figure out :-).