Robert24

USDJPY CLONED ELLIPSES

FX:USDJPY   U.S. Dollar/Japanese Yen
63 1 4
I wouldn't have believed it. I'm not saying this is how it works, but the arc hits seem to work on the clone (2nd one to the right). Amazing. Right now I'm working on using arcs anchored on a point (radius leg) instead of centered on it. This is very interesting. Anyone else seen this type of thing. I'm looking for ideas on using circles or ellipses. I have several studies. EURUSD             , USDJPY             and USDTRY             all use only one or two circle or ellipse sizes across a chart and they run on a trendline. With those the circles were centered over REAL points, but this is fascinating that it works out also.
The ellipses on the left are centered over open space (non-real point). The ellipses on the right are almost centered over a real point...accidentally. These identical clones may hold some secrets.
You might be on to something with these fib circles ... any updates on silver? xagusd
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