Another alteration of former series of structures which I highly recommend considering to look at in my previous btc-related ideas.
The steepest Fib Channels source and reason why are they are spaced apart relatively far:
The trendlines people draw in TA is replaced with curves in Fractal Analysis.
Since a line is odd to natural formations, it has no value in covering the process of price action too.
The use of straight lines present in my approach is justified since they indicate particular fibonacci ratio that price mechanism abides by.
First of all I want to be clear about the curves:
Seeing curves extended to massive scales doesn't necessarily mean that price will reach there.
What important is the market behavior while encountering curves as it bares timing properties that considers the logistic curve of information spreading.
NOT A PREDICTION JUST AN ILLUSTRATION OF PRINCIPLE
For example here we see that the curve ends at 22767.
It's still just an assumption that price would end up falling there according to curve.
Obviously reality is too chaotic to predict it precisely. So instead of focusing on immediate price action, the attention should be at crossings.
The trading trigger should be at the very process of breaking the curve because it means price leaves the logistic curve of information spreading.
Breaking the curves means a market takeover by new narrative (news, rumors, reports, etc) but to the opposite direction of the curve.
The steepest Fib Channels source and reason why are they are spaced apart relatively far:
The trendlines people draw in TA is replaced with curves in Fractal Analysis.
Since a line is odd to natural formations, it has no value in covering the process of price action too.
The use of straight lines present in my approach is justified since they indicate particular fibonacci ratio that price mechanism abides by.
First of all I want to be clear about the curves:
- Being chart-based enables its predictive levels
- Curves mimic parabolic tendencies of group of bars in perspective of both time and price scales
- Reveals general direction
- Curves validate fibonacci fractal structure and their levels
Seeing curves extended to massive scales doesn't necessarily mean that price will reach there.
What important is the market behavior while encountering curves as it bares timing properties that considers the logistic curve of information spreading.
For example here we see that the curve ends at 22767.
It's still just an assumption that price would end up falling there according to curve.
Obviously reality is too chaotic to predict it precisely. So instead of focusing on immediate price action, the attention should be at crossings.
The trading trigger should be at the very process of breaking the curve because it means price leaves the logistic curve of information spreading.
Breaking the curves means a market takeover by new narrative (news, rumors, reports, etc) but to the opposite direction of the curve.
코멘트:
Fractal 1:
