chris-abc

TA using my own method i am trying to develop.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hi.

Some more of my whacky own TA method i am developing. I will also TA using the traditional methods but there are plenty of people a lot better at them than me who post plenty of bettr stuff than i could muster.

So this is just lower down time intervals than my previous TA. But using the same method idea

SDo this is basiucally continuation of what my first 2 ideas are, i noticed now that between each phase of the set of 3 phases there is a small interval, i think it also is changing size depending on the number phase we are in, so end of phase 1 i see a U or V shape before starting next phase but end of Phase 2 i get W or a L then U shapes, so 2 mini phases before starting phase 3 etc.. Also what i think is probably just coincedence, the last phase of the interval seems to be very similar to the first phase in the new set of 3, especially when you look at where the phase finshes in relation to where it started. If this proves to happen a highg percentage of the time, this could prove to be extremely useful.


Ok, so i will tell you where i am at with regards to this method of TA incase you havent seen my other ideas.
So my thoery is that there is 3 phases to each formation or pattern. So i beleive elliot waves are 5-3 waves is actually juxst simpley 3 phases, just so happens that because of the curved anture of the phase in the time interval above pne             of the phases is in the opposite direction to the other 2 phases, so this would give you 5 waves (2phases) impulse, 3 waves or abc correct(1phase), but if you look at this chart, if we end up in phase three of phase three of phase 3 then we will be seeing virtually no retrace or correction, so this must make EW analyse confusing since it will appear sometimes that you have 8 waves or 13 waves with no correction. But6 i think it is simply because we just happen to be in the upside of lots of phases of lots of time intervals etc.

So i have noticed that after each phase completes its phase 3, it will then tick thge interval above on to the next phase, each phace gets mor complete but they arent compling in a even 1 third pattern completion each phase, i notice that the first phase isa normally the smallest then next phase completes a biut more next phase complete. May pattern completion is the wrong term to use but for certain it moves the phase above to a more advanced             state.
So really its becoming quite easy to trade on longer term charts since all you have to do really is work out what phase u are in on which time interval and to the relation of the other intervals. Then you have a loose road map of where you should be heading.

All the lines are resistance lines as a starying point, but as they are broken they can obviouslty become support. I havent had time to really nail down the exact areas of support and resistance using other methods of TA and just basic things like fib tols or gan tools, but they shoul; dnt             be a million miles away, you can keep going lower and lower on the time frames, those lower time frames should create underhangs of differing depths which i beleive why its so difficult for us to see the real picture of what is really going on due to the massive complexity of the patterns due to the fact everything is made on mutiple dimensions of time and are in different combination of the phases. Makes martets look a bit random i guess. But like a car it is full of thousands of moving parts all coming together and working in perfect harmony with each other.
Thanks for reading my drivel, if anyone else has some different unusual TA methids then woiuld be great to hear your ideas, also anyone buying in to this stuff and has some ideas they might like to add and muse over then message me.

P.S. I am aware its probably all rubbish and wil be proved wrong, I know I bit of a dreamer, it is the way my brain is wired, so you dont need to tell me i am wrong, trust me, i have
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