I've watched this forum for six decades and this is one of the most original ideas I've ever seen introduced. Very nice and I look forward to seeing more.
I've watched this forum for six decades and this is one of the most original ideas I've ever seen introduced. Very nice and I look forward to seeing more.
I will go through a step-by-step approach that I use to hopefully give others some idea of where to start.
I am likely to use the M15 chart for this example
First what I try to do would be to use the outside of the circles and see just how many points I can line on the outside.
This is Figure 1
After drawing all of the groups, I look at them and see which ones make sense, which ones dont. I then try to eliminate the ones that dont make a lot of awareness and concentrate on the ones that do.
Then I try to find things that could line up on the interior of a circle, and do the identical thing with them. Keep the ones that are good, and eliminate the ones which dont let anything to me or the ones.
Then I note points of several circles and that provides me the limitations of the move.
I shall draw more circles and place them very soon again
Do you find that smaller circles could indie trend exhaustion as in the chart above? Similar to divergence?
I shift my chart down to have a better opinion...
Again drawing circles using ouside perimeter, havent gotten into drawing circles using their inside nonetheless
Adding another interior ring....
The station that is important is your top black and bottom red curves at which price has been contained in it.
I also notice how the initial attempt from 4450 slit through the red curve. That tells me its quite determined movement, its not a wishy washy move
Afterward as prices have been respecting the bubbles and going higher when I put the two together (red/black bubbles and curve ) I get the idea that price isnt coming down.
No Not necessairly,
When you have small circles, they might also act as energy spots, that means that for a while price contours around them, using comparatively hard bounces as long as motion passes them around , it gravitates away from them.
I've seen this happen quite a few times, but what you also are observing happens too.
In case when the motion that breaks on the top ring out of its north pole is strong then , it could indie that we're reversing.
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