Time and Price Forecasting

very nice spotting reversal points

shifting the grid

when you link 2 similar Focal Points - here intersection of Centered Moving Averages 256 (brown) and 128 (ocre) Time Units. Then you draw 2 parallel lines from the Top and the Low of the related Swing

Notice that ALL 5 Centered Moving Averages intersect Price Action at the second Focal Point

bang on....

by drawing the grid we are duplicating what we already have if paying attention...right?

Yes Swede you can also (very often) observe a doubling effect when you use the next adjacent Time Unit

5 mn Chart with the same grid of the previous 1 mn Chart

BTC-USD 5 mn

i see what you mean, gave pretty good perspective on a direction change

BTC-USD 30 mn

Yes Swede

but we are now in a difficult situation for the tools because roughly uptrend is steep, all 5 Centered Moving Averages are more or less paralell ....... parallels do not intersect each other.

This means that we are in a Trending Mode and not in a Cyclic mode as Ehlers would say.

Hence we have to use other tools.

An optimal use of Centered Moving Averages need a minimum of Cyclicity - Sinewaves Amplitude need t be consistent to calculte targets.

Here is the time of Angles to assess Spped and Acceleratin changes and FLD's (Future Line of Demarcation) to follow the trend

BTC-USD 1 mn

Opened Short position

Target 160 points

BTC-USD 1 mn

Closed Short position + 196 points

work of art....8 and 32 settings?

Thanks Swede but it is just following the books and the FLD Concept pràmoted by Hurst.

Price Action broke the FLD 128 on the Downside at 200 points of the last Top. According to the theory we go 200 points down +/- 10 % of the total Swing (400 points down) hence +/- 40 points

Then my minimal target was 160 points (200 - 40)

I was conservative because 1 mn Trend was Up but for example 30 mn trend was slightly down

4 H has not yet turned Up Hence end result was balanced + 200 points

I dont have the tillman fork, so I use fib channel....gets pretty close..