Analysis and Trading based on Envelopes, Waves, Cycles

ABOUT OCTAVE
The English chemist John Newlands produced a series of sheets from 1863 to 1866, noting that when the elements were ordered in order of increasing atomic weight, similar physical and chemical properties recurred at intervals of 8, he compared this periodicity to the octaves of music. [17][18] This so-called Law of Octaves, however, was ridiculed by Newlands' contemporaries, and the Chemical Society refused to publish his work. [19] Newlands, however, sketched a table of the elements and used it to predict the existence of missing elements, such as germanium,[20] gallium, and scandium. The Chemical Society recognized the importance of these discoveries only 5 years after awarding Mendeleev the prize. [21] (Wikipedia Periodic Table)

The consistency of octaves across all natural phenomena never ceases to amaze me

correction to my previous graph. If we do not take the candle wicks into account in the calculation and if we take into account the 10% margin of error we obtain more precise projections.

BTCUSDT 1 mn

opened short position

short follow up

short follow up. question is : will BTCUSDT break the (6/8) SRL Support and Resistance Line ?

Opened short position

closed short position

opened Long position

Long follow up

pull back on Stop level

reentered just above 2/8 Support and Resistance Line

@parisboy
Isso é incrível!!

Thank you so much for opening my mind, parisboy. I've always had some difficulty in trading, attempting to operate based on price action. However, many times I felt it was inefficient, creating a delay that often made me enter a trade late, early, or in movements that didn't have the strength to be profitable. Additionally, it was often necessary to analyze prices on multiple charts with various timeframes, turning what should be a simple process into something complex with multiple variables, causing confusion in decision-making.
I studied using PA with MA (20,50,100,200), with oscillators, oscillators + multi timeframes + classic geometry (this resulted in many lines and made analysis complex again for decision-making).
As I started reading your thread (I've been reading for 10 days, currently on page 80), my mind exploded. The concept of waves/cycles can synthesize time+price in a concise way for decision-making. I no longer need to switch from timeframe to timeframe, as the averages of 32, 128, and 256 scale time (this is wonderful), and along with the Octave system, it can create genuinely important zones, not just support and resistance zones that have been touched by the price at some point (which often become weak). For the first time, I begin to see patterns in some movement.
Indeed, after years of many unsuccessful attempts, I feel fascinated again. I noted all the references mentioned by you and downloaded all the complementary materials available in this thread (this is gold).
Once again, thank you very much, parisboy, for all the knowledge and dedication shared in this thread.

Ps1: English is not my first language, so excuse any errors in the text.
Ps2: Everyone, it's all here, read from post #1; as I progress in my reading, I see many questions already answered.
Ps3: Thanks tmpascoe for the amazing tools.

Sine wave

Double top
All CMAs down
Break of 6/8 line
target around 4/8 to be refined by FP projection - if it gets there

Missed target - hoping for a retest of the low.
I suspect that's it for the ST.

Terry
Sometimes when the fog comes down
You need a Plan B

Good ol' forex to the rescue???

Terry
I accept
It's nobody's fault but my own
But I find the easiest way to learn
is to
GO Compare
hence
not on TV
not got Bitcoin
Both Alain and Yourself are doing a remarkable job trading Bitcoin
but I am finding it very hard to see what's going on