Price creates symmetrical concentric waves of motion as it moves through time. Where price rises, it must also fall. This is the true with everything. You cannot dig a hole without simultaneously building a hill.
At first glance, my chart may seem meaningless with an array of seemingly random colored lines scattered across it, but there is a method to my madness. With that said, this strategy is purely experimental. While the horizontal lines represent key Fibonacci levels, the vertical lines are where all the experimentation is happening. On a 15 minute timescale, I first...
For this forecast, I recognized individual market maker cycles, coupled with historical order blocks and gaps to replicate what I think the next cycle of price action will look like. Currently it seems as though we are reaching the end of the second cycle which should bottom out somewhere in an old gap between 1.15 and 1.02. After consolidation in that region I...
This is a short term price projection for XLM USD. By identifying repeating segments of price action I have roughly estimated where price will move to next in order to keep its cyclic structure. What I've personally noticed from studying XLM USD price action is that it often follows an alternating binary system. In other words, price will form 4 waves in a series...
I see price chasing SWMA and completing second leg of wave period. If price crosses SWMA, I would expect to look for price testing down to Fib. Retracement sweet spot as the wave changes polarity.
This is just a projection for XLM USD, assuming that market structure follows a sine function. Support/resistance levels created by using signals from Ehler's Sine Wave Indicator. At this time, price has not broken out of market structure.
In nature, many things are modelled after the sine wave. EX: Night and Day, Hot and Cold, Light and Dark, Loud and Quite, Up and Down ect. The idea is that the smart money algorithm is also using a sine wave model to determine price action. By incorporating the sine function into USD JPY market data we can use Ehlers Sine Wave Indicator to anticipate where price...
