Analysis and Trading based on Envelopes, Waves, Cycles

BTCUSD 1 mn

BTCUSD 1 mn

Envelopes

BTC, 1min TF
Potential Double Bottom


TP

BTC, 1min TF
Potential Double Top

BTCUSD 1 mn

Long Position opened

Stop at Breakeven

16 and 32 are looking down, no potential intersection point then why open long

BTCUSD 5 min

TP done

Entry 29.268

Present Status 30.175


+ 907 points

Was it based on the logic that 64 would rise to pass through the existing intersection of 16 x 32

BTC, 1min TF
Potential Double Top

Stop @ Breakeven

Trade stopped at Breakeven

aptx, Use ALL your brain. There is no automatism.

you have a certain Focal Point 16, 32 , very soon an almost certain 16,32,64

and a potential 16,32,64,128 Focal Point . All located at the same area , say around 29.440.

The Low is at 29100. Hence we have a potential Target Price at 29.100 + 2 x (29.440 - 29.100) = 29.100 + 2 x 340 = 29.780 +/- 64

all the system is "logical" and rational.

you just have to avoid to replace your brain by a computer and algorithm.

it why you find on FF tons of unuseful EA's

most of the time the guys who program either do not trade, either want to transfer the decision to pull the trigger to their computer software.

it does not work

as the guys who program mainly do not really trade, they generally do not create useful tools or system

for example where to place your stop loss ? have you seen some studies and analysis on the subject ?

as for Focal Points we can identify probable future Focal Points , we can even calculate and simulate some future Centered Moving Averages curves between the present CMA's position and the potential Focal Point we have identified if we consider that Price Action has to go through these Focal Points

Then we can compare this simulation , this scenario and how PA really develops itself

we can even calculate a probability of reaching the target

BTC 1 mn

DAX 1 mn

As above so below....
Note price stopped marginally short of target on downside:

BTCUSD 1 mn

Opened Long Position