logscale

Kappy Kappy PRO BTCUSD, D,
BTCUSD: The Arithmetic Bull vs The Log Bear
222 0 8
BTCUSD, D
The Arithmetic Bull vs The Log Bear

The bearish primary degree count (on log scale) still satisfies more factors (i.e. volume trends, sentiment, proportionality, distance, time) than the bullish cycle degree count (on arithmetic scale) and I consider it the higher probability scenario. Log scale shows that the rally to new all-time highs is not as big as it seems. Arithmetic scale shows how steep ...

tricky_nik tricky_nik UKOIL, D, Short ,
UKOIL: Crude Oil (Brent): Elliott Wave Analysis
126 0 3
UKOIL, D Short
Crude Oil (Brent): Elliott Wave Analysis

There must be a comprehensive text, but I'm too lazy to write it.

abhishekd abhishekd DHFL, W,
DHFL: DHFL Pitchfork
20 0 1
DHFL, W
DHFL Pitchfork

The earlier fall back to the median line and the vertical fall after a period of congestion suggests weakness close to median line. If price bounces from a small fall to 260-270 zone then we have bullish hopes, or else a fall to 235-240 zone is expected.

mikeoakster mikeoakster SPX500, M, Short ,
SPX500: Long-term view
713 10 17
SPX500, M Short
Long-term view

This bearish outlook is due to applying a logarithmic scale, resulting in a rising wedge pattern which is confirmed by the ATR divergence and which has been breached, signalling the start of a new downtrend or simply a correction. If June's hanging man is confirmed, next target will probably be the bottom of the channel, but if price continues to decline and ...

mikeoakster mikeoakster SPX, M, Short ,
SPX: Long term perspective
70 0 3
SPX, M Short
Long term perspective

Log scale is the critical factor of this analysis.

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