Bella's Swing Targets and Reversals Calculations
using Mathematical equation to forecast probable support and resistance using only 1 price point.
Data we have is low of 1.24452 placed on 09.05.2024
Calculations are as follows .
using Mathematical equation to forecast probable support and resistance using only 1 price point.
Data we have is low of 1.24452 placed on 09.05.2024
Calculations are as follows .
- when using Sqrt we omit decimals so 1.24452 becomes 124452
- for Volatility i use 4 in the example below i add 4 to the result in step 1 (add/subtract) this is researched on 4hr for cable only
- Multiply the result with itself in step 3 ( Square roots stuff )
( using windows calculator or excel )
Step 1: Sqrt(124452) = 352.77
Step 2: 352.77 + 4 = 356.77
Step 3: 356.77 * 356.77 = 127290 or 1.27290
The high so far is 1.27262 placed on yesterday, Just below 1.27290
Note: (1.27290... Which is been protected by Super Girl (me ) and my Bear friends on Air Wolf... we did some damages and left it lets see if it works. )
Above calculations which are provided by myself to the thread can be used to obtain price objectives and reversals using only 1 Price .. in this example i used the leg 1.24452 low on 09.05.2024
I will add this to the first page as well
Bella.
Goddess of Thunder..