Geometry: Ellipses on an Adjusted AxisHey! Hope you are doing well!
In both charts the native resolution is five minutes.
In this example, the ellipse is precisely derived from the angulation of the move.
In this example, the ellipse is derived through various harmonics.
Enjoy! And be well!
Suggested Reading:
Law of Vibration - Tony Plummer
Michael Jenkins - Geometry of Stock Market Profits, Chart Reading for Professional Traders, Complete Stock Market Forecasting Course
Scott M. Carney - The Harmonic Trader, Harmonic Trading Volume I, Harmonic Trading Volume II, Harmonic Trading Volume III
H.M. Gartley - Profits in the Stock Market
Bill Wiliams - Trading Chaos, New Trading Dimensions, Trading Chaos 2nd Edition
J.M. Hurst - The Profit Magic of Stock Transaction Timing, Cyclic Analysis: A Dynamic Approach
Fabio Dreste - Quantum Trading
Michael Jardine - New Frontiers in Fibonacci Trading
The Wave Principle, Nature's Law
Ralph Nelson Elliot
Technical Analysis of the Financial Markets
John J. Murphy
A Complete Guide to Volume Price Analysis
Anna Coulling
Mastering The Elliot Wave
Glenn Neely
Circle
Geometry: Ellipse and Adjusted AxisHey! Hope you are well!
Here is an adjusted axis on the five minute chart; the native chart I was using is five minute; here is the picture of what it looked like.
The varying eccentricity of the ellipse comes from the varying circular levels such as .25, .5, .75, 1, 1.25, 1.5, 1.75, 2
Imagine the circle as a 1x1 ellipse; now imagine the next ellipse as a 1x1.25; imagine the next one as a 1x1.5; go all through the varying harmonics of 1xn.
Enjoy!
Suggested Reading:
Law of Vibration - Tony Plummer
Michael Jenkins - Geometry of Stock Market Profits, Chart Reading for Professional Traders, Complete Stock Market Forecasting Course
Scott M. Carney - The Harmonic Trader, Harmonic Trading Volume I, Harmonic Trading Volume II, Harmonic Trading Volume III
H.M. Gartley - Profits in the Stock Market
Bill Wiliams - Trading Chaos, New Trading Dimensions, Trading Chaos 2nd Edition
J.M. Hurst - The Profit Magic of Stock Transaction Timing, Cyclic Analysis: A Dynamic Approach
Fabio Dreste - Quantum Trading
Michael Jardine - New Frontiers in Fibonacci Trading
The Wave Principle, Nature's Law
Ralph Nelson Elliot
Technical Analysis of the Financial Markets
John J. Murphy
Geometry: Chart ExhibitFirst and forever reminder: expand into your own, continually evolve and grow.
Press share "Make it Mine" to view the full interactive chart
Note: Relationship of numbers to each other
Note: The sequence of the various shapes
Note: Geometric Angles
Note: "45" angles up and down various intersection points
In-exhaustive book list
Law of Vibration - Tony Plummer
Michael Jenkins - Geometry of Stock Market Profits, Chart Reading for Professional Traders, Complete Stock Market Forecasting Course
Scott M. Carney - The Harmonic Trader, Harmonic Trading Volume I, Harmonic Trading Volume II, Harmonic Trading Volume III
H.M. Gartley - Profits in the Stock Market
Bill Wiliams - Trading Chaos, New Trading Dimensions, Trading Chaos 2nd Edition
J.M. Hurst - The Profit Magic of Stock Transaction Timing, Cyclic Analysis: A Dynamic Approach
Disclaimer: Not financial advice, no recommendations to buy or sell, no warranties of merchantability, profitability, or probabilities.
Forum:
blackcryptolink.com
Fibonacci Circles GuideA guide for Fib circles
1 - Draw the trendline
2 - look for areas of confluence around the circle at levels for example 0.618, 1.618, 2.618, 3.618 ...
3 - Make an assessment
This is the 4Hour chart for Ethereum and isn't as reliable as using a higher timeframe, say drawing the trendlines through the entire bear market on the weekly for Ethereum would be more effective. Regardless it still serves its purpose.
This is little data for the current bull run.
This trendline drawing can be applied to any (weekly preferable) chart and assessments can be made based on the position of the price, above or below a key Fib level E.g (0.618)
Hope this helps aspiring chartists



