Straight forward concept with 3 simulations of potential pathways which are anchored in a different perspective with "TIME" incorporated in the baseline of the computations having a different not necessarily heavier weight on the outcome than the regular approach where time is just a ticker for the unfolding events. This is just an experiment that tries to compare the simulations and approach their overlapping synchronized tendencies with greater attention for the details that might occur in the price action. The data points have different time intervals, but this shouldn't affect the overall context of the experiment.
We have 4 zones where all simulations point in the same direction which could be indicative of special action zones, not necessarily predicting the tendencies of the market. In this project we try to analyze in the price action longer candles that might indicate impulsivity in the market and the overall tendencies of the market using highs and lows that have the Bill Williams fractal qualifier, meaning we only look for highs that are surrounded by lower highs, and lows that are surrounded by higher lows.
Lower time frame, but will still try to find the time for comments and updates and some potential analysis of the unfolding of events. According to my estimations and/or intuition, there should be an interesting surprise in the outcome of the project, not necessarily in the last rectangle zone where the picture is obviously intriguing if the price follows the projections, but somewhere close to the middle of the time zone of the project where we have a time stamp for a potential exceptional event, and after it, a smaller than usual orange circle.
Welcome to the Nen Zone :)
We have 4 zones where all simulations point in the same direction which could be indicative of special action zones, not necessarily predicting the tendencies of the market. In this project we try to analyze in the price action longer candles that might indicate impulsivity in the market and the overall tendencies of the market using highs and lows that have the Bill Williams fractal qualifier, meaning we only look for highs that are surrounded by lower highs, and lows that are surrounded by higher lows.
Lower time frame, but will still try to find the time for comments and updates and some potential analysis of the unfolding of events. According to my estimations and/or intuition, there should be an interesting surprise in the outcome of the project, not necessarily in the last rectangle zone where the picture is obviously intriguing if the price follows the projections, but somewhere close to the middle of the time zone of the project where we have a time stamp for a potential exceptional event, and after it, a smaller than usual orange circle.
Welcome to the Nen Zone :)
Comment:
An error of interpretation when determining the first green zone. Because of the path of the Orange dots, it should have been smaller. We had a stagnating price action with highs and lows around the same levels in the beginning of the project, with 2 inflection points at the 2 blue dots. The break was on the highs with continued momentum and another inflection point at the time stamp of a purple dot. Looking forward to see if the bearish sentiment kicks in around when all 3 pathways are aligned to pointing down. This doesn't necessarily mean that a complete reversals could be in the cards, maybe just a correction. The sequence of highs and lows (pivot points similar to the Bill Williams Fractals), is showing bullish sentiment with highs being broken, and higher lows.
Comment:
As "anticipated" in the initial idea, there was a big event at the marked time stamp. The price reached the orange circle and bounce really hard from it.
Comment:
The small orange one was not hit, instead the blue above. This one might attempt to stay above the projected simulated paths for the end of the project. Translation: looks bullish, feels bullish, boj might be out fishing.
Comment:
Bullish as expected from the previous update and the force is looking strong in this one. We could see 164.7-8 eventually
Comment:
Time stamp for a potential inflection. We could see 163.
Comment:
We never got to see 163 as it found some support around 163.3~ coincidentally right at the green rectangle. If this one doesn't push and create higher highs relative to the previous one after the pivot above 163, this could try to push down for 162.5.
Added time stamp for the end of the project. Looking to see the events near it.
Added time stamp for the end of the project. Looking to see the events near it.
Comment:
April fools on the first. The reversal was exactly 24 hours later