CaptBlackBeard

CaptBlackBeard

I was told the last one was hard to see and they are correct. UPDATE: Locked the scale and made the candles easier to see. This is not a target chart please use the trends and pivots tool. Follow the price along each line . does it break the support trend up or dow? does the price bounce near or on the next trend line ? Possible pivots marked as verticals. Minor...

CaptBlackBeard

This is a just a tool I will use to check and compare the current (smaller time frames) with. It was interesting to find some nice fractals and common intersections. I am not expecting everyone will understand this or know what they are looking at. However, there is some great data in this chart for those who want to use it.

CaptBlackBeard

Squared price to 45 degrees and used inside pitchforks from corner to corner. This should give some nice trends to follow, maybe some action at or before each junction. Original below.

CaptBlackBeard

Price has been squared and levels of interest marked in advance. Please see update for original Bonfire chart

CaptBlackBeard

Keeping it as simple as I can here. These box trends were drawn from True Price Square, which is something I have come to rely on greatly. 4 rotated rectangles from each corner of Bonfire indicator,width set at tangents to local price (center boxes). See update for original picture. I am sparing the added lines to mark pivots and levels from the indicator...

CaptBlackBeard

Squared using Bonfire and traced the boxes. If you want a great exercise, use this chart as a base for geocharting. The corners are great for starting points on Fib rings as well as Gann and drawing shapes to find common intersections .

CaptBlackBeard

Using Bonfire to find local square, I made a tool for confluence. These are very handy to have and ,amy times very accurate to find natural price action and predict pivots, and trends moving forward. This is a smaller timeframe than most of my Bonfire charts so please reference previous charts for big picture.

CaptBlackBeard

Built from a sine vs price indicator and common intersections. Watching how the price responds to this wedge and the trends / pivot ahead. This is a confluence tool

CaptBlackBeard

Using Bonfire indicator, I built this chart by request. Finding the square of an asset can really open things up from a visual standpoint. This allows users to bypass scaling variables and helps with finding natural movement, trends , levels and pivots. I often use these charts for confluence along with other indicators to help predict price action vs time. ...

CaptBlackBeard

Unconventional approach to Gann fans but following the 45 degree methods to find true square. I add a few steps to find common intersections. See original

CaptBlackBeard

Please find original chart for more information on how to read the current pattern and how to use this to add confluence.

CaptBlackBeard

Updated from previous chart by cloning the entire setup to the right and up.

CaptBlackBeard

I know this is an unusual way to Gann but after finding square using Bonfire, I found a starting point that and intersections that align with certainty with each other. I will post a pic below. These lines are trends to follow or break and should be used as confluence. Often vertical lines drawn from intersections provide minor and major pivots. Long term I'm...

03:56

CaptBlackBeard

I know they are "chart cancer" to some people. Trust me... I know this... so you can move on if you feel that way. For those of you that power through my charts or follow me, you know I am big on using multiple concepts at the same time to bring confluence. I use my own charts for this instead of asking people and/or waiting for signals provided by others. My...

CaptBlackBeard

Used my new Auto Fib indicator to find center pivot high . After scaling to square, I drew curves from major bottoms to ring tangents and pivot high intersects. The indicator is turned off in the charts.

CaptBlackBeard

See image with Auto Fib turned on. Using Bonfire Auto Fibonacci indicator to align price action from the local "pivot high center" . Next I used theses points to run tangent rings (top and bottom) to create another dimension of levels. This indicator will be available soon please DM to get on the list for PAY FOR ACCESS .

CaptBlackBeard

See image for original with indicator (rings) included. DGB is in a good spot right now if it can avoid major drops at or near each intersect (price meets Fib rings). At this early stage I thinks its safe to safe there will at least be a major action at each ring. The levels may very well be the best data here as they...

CaptBlackBeard

Complicated at first but over time it becomes easy to read. Along with the squaring feature Bonfire indicators give advanced data and patterns to reduce risk in trades.