Analysis and Trading based on Envelopes, Waves, Cycles

Another view

Most of the Time : Price Action will reintegrate the Envelope.

Empirical statistics will give you a close approximation of the effectiveness of this Envelope behaviour.

a) the Centered Moving Average of N Time Units discloses the Trend of all Cycles of duration superior to N
b) Price Action fluctuates (oscillates) around the Centered Moving Average
c) Amplitude of Price Action fluctuation is equal to +/- 1 Octave (or its subharmonics)
d) as long as Price range is stable +/- 25 % Octave and Envelopes are effective
e) if Price Range grows above + 25 % or decreases of more than 25 %, depending of the Underlying Trend you need to DOUBLE or HALVE the Octave you use
f) the Zone between 100 and 125 % or 100 and 75 % of the Price Range is the Transition zone between 2 potential scaling UP or DOWN
g) after a transition Zone Price Action returns to its mean

Price Action returns BOTH to :

a) Chart Center of Gravity ( Half of the temporary Price range)
b) to its "mean" (Centered Moving Average)

Sinewave Price Action within a Flat Range

DAX Support & Resistance Lines (SRL) update

Attachment 3489577

Alain
I am a Lazy Trader hence you know what I use to form my Octaves, here are the 4. 8, 16, & 32 views, you can either trade each individual chart or fit them together like Russian Dolls.
Dave
p.s
We have just had a new 4 day chart shift

Alain
If you have a little spare Time I would value your opinion on this Pair please
Thanks
Dave

Another way ?

Trend is obviously Down

The Russian Dolls In action

Hi Parisboy
Hi all

AUD/CAD Daily

With Donchian (1/8) look like Gann , 256 Days

DAX Closed Short position + 15 points

Notice the 45° Angle

DAX Closed Short position + 25 points

Notice the break of the 45° Angle