Nice one! You have such and eye for these fractal formations.
meszaros
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@Captain_Walker, Thanks for the comment. It was a very diplomatic post. :) Something suggests to me that you wouldn't make a penny for now. I am often surprised by the results of fractal analysis. I acknowledge that now, both fundamentally and with other technical strategies, there is very little chance of this turning north. Only fractal analysis turns north. Interesting experiment. I'll be smarter this week. In the meantime, I'll wait with patience.
Captain_Walker
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@meszaros, I've been learning a fair amount from just watching how your fractal positions unfold - across many of your posts. I'm thinking that 'fractals' don't care what the chance is of a move in a particular direction. They are born from the world of true chaos. They do what they want - in a manner of speaking. You methodology seems to capture the instability in the chaos. Or perhaps you are finding chaotic attractors, in some of your patterns.
Fractals are so different to anything I do. I tend to get occupied with trends. Then some people are occupied with harmonic patterns - which I'm thinking is partly trend continuation but also connected to some fractal positions.
When a fractal position 'explodes' it doesn't care what the trend was or what the harmonic picture might be.
Whatever the underlying mechanisms of what you have discovered, I think it is real and good. I need to learn more about fractals