Hopefully you can see what I've done. I took the three repeating lines out of my Repetitive Behaviour chart
The fork lines, 0.618 etc, (Median Line Analysis) encompassing all price movement back to 2001/2, to a 'goodness of fit'.
This is scaled down off the weekly, so well tested. When I drew all this it made me smile a bit, I was like, so which triangle? My main point is that IMO this triangle is actually much more extended than it might appear to date, maybe two more sections I can with reasonable confidence add on both to the right and lower.
The eWave lines are what I have previously drawn to be the essential wavelength of the pair, and
they seem to work, hanging like parallel strings in the background, enhanced in influence by juncture with the Pcons. The horizontal also works the same way, levelling as it is now, with major Pcons. So this is a little like powerzone trading but also predictive in the non-horizontal, so to me that makes it very useful, a very happy / satisfactory synthesis.
I'm interested to see whether the potential diamond forms.
BTW I put in the er, Friday 13th :/ as it is an effective futures expiry date for major currencies, 5 & 10 year Treasury notes,
officially it is the 16th but trading wise cuz of the weekend. It happens to coincide, not only with lines but is also very close to the expected 'Septaper' announcement (FOMC) so very, very crucial, & volatile to the extreme.
The fork lines, 0.618 etc, (Median Line Analysis) encompassing all price movement back to 2001/2, to a 'goodness of fit'.
This is scaled down off the weekly, so well tested. When I drew all this it made me smile a bit, I was like, so which triangle? My main point is that IMO this triangle is actually much more extended than it might appear to date, maybe two more sections I can with reasonable confidence add on both to the right and lower.
The eWave lines are what I have previously drawn to be the essential wavelength of the pair, and
they seem to work, hanging like parallel strings in the background, enhanced in influence by juncture with the Pcons. The horizontal also works the same way, levelling as it is now, with major Pcons. So this is a little like powerzone trading but also predictive in the non-horizontal, so to me that makes it very useful, a very happy / satisfactory synthesis.
I'm interested to see whether the potential diamond forms.
BTW I put in the er, Friday 13th :/ as it is an effective futures expiry date for major currencies, 5 & 10 year Treasury notes,
officially it is the 16th but trading wise cuz of the weekend. It happens to coincide, not only with lines but is also very close to the expected 'Septaper' announcement (FOMC) so very, very crucial, & volatile to the extreme.