Hello,
BTC seems to be tracking these two bullish patterns, as it is arguing in a level above where teh bearish red pattern would suggest we would be, based on the harmonics of previous few argument levels. This is best illustrated by the traces… which are fit to the levels, to recreate teh future from the projections of the recent past. I look at it as a probability map, and when the forecasts all align for a specific move, i play it.
I try to find 4 patterns of influence on each major time frame interval. Bullish bulls and bearish Bears define the foreground. Bearish bulls and bullish bears define the rear of the channel. (3D view).
The head and shoulders move consists of three smaller harmonic patterns… the middle on being the tallest. If we compress that down, a H&S becomes a candle with a long wick, when viewed from a larger time frame. So, this establishes my time frames. Starting with a modest interval of 1 minute, this gets me additional preferred views at 3, 9, 30, 99, 4h, 1D, 1W. But i skip 3… its not helpful… by the time we confirm the forecast a the higher levels, i just jump to the 30s view to play against the algorithms.
Oh… solid lines are support, dotted lines are resistance. And its in perspective.. .like 3D.
BTC seems to be tracking these two bullish patterns, as it is arguing in a level above where teh bearish red pattern would suggest we would be, based on the harmonics of previous few argument levels. This is best illustrated by the traces… which are fit to the levels, to recreate teh future from the projections of the recent past. I look at it as a probability map, and when the forecasts all align for a specific move, i play it.
I try to find 4 patterns of influence on each major time frame interval. Bullish bulls and bearish Bears define the foreground. Bearish bulls and bullish bears define the rear of the channel. (3D view).
The head and shoulders move consists of three smaller harmonic patterns… the middle on being the tallest. If we compress that down, a H&S becomes a candle with a long wick, when viewed from a larger time frame. So, this establishes my time frames. Starting with a modest interval of 1 minute, this gets me additional preferred views at 3, 9, 30, 99, 4h, 1D, 1W. But i skip 3… its not helpful… by the time we confirm the forecast a the higher levels, i just jump to the 30s view to play against the algorithms.
Oh… solid lines are support, dotted lines are resistance. And its in perspective.. .like 3D.