EUR/USD patterns

current approach (12222011) --


perspective need:
confront/avoid,act/respond,follow (within bounds of each object: price-action's distance/directness
vs. forward, standard-distance plane of existence for object)
direct,hover over,entrain continue/extinct in / excludable within separate and bound

DRAWING DEVICE
dot-balanced shape: triangle/wedge; rectangle / wide s/r; ellipse/curve; temporary (1-, 2-sided)
line-balanced shape(incl. angle,length of micro-trends): cup and handle / fighter jet; Gartley (etc.); centered,opposed shapes area
-- enhance (, shape): midline,logr,curve
-- multiply (, shape): grid; l.p.4 (screen,proxy); Gann (separate,extend)
area: count(fibo,fractal,whole(1/4,1/2,1/3,etc.))/rhythmic; multi-angle/condensed; random/volatile;
SERIES stability (flow(serial) w/ objects, each with a speed of attention(parallel)



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resources
free, drawable charts online -- 1,2,3,4,
short online games related to chart study: 1,
psychological games a trader may need: 1,2
brainwave freeware 1,2,3,4,5

chart study

the 'fighter jet' and the (l.p.4: ) line proxy type of pattern I created -- see near bottom of journal, post 323.

Area, draw TL's from:
1. ellipse centerline on edge of
2. logr fan that is an
3. midline from or ninety-degree angle of
4. level opposition or hi-lo compromise to release or build pressure and turn from
5. aligned turn pivots, bunched runs inside, even waves, flat line or tiny balances





















line patterns

This thread is a collection of older, developing ideas
of or addressed to a forex rookie.

index
From the beginning of this thread, somewhat unconsciously, I strived to get one system for all patterns. Pairs (EUR/USD,) are richest in chart patterns; one example is multiple-shape, heiken-ashi-candle patterns. I got to specific patterns (posts # 2-7,9), a developing context of purpose statements (8,16,27,35), an early several-pattern system (11, 18, 19). I also looked to automatic stuff along the way, to see what they had and to try and adapt it into something useable (drawing tools (posts 12,13,15,21,26(mostly) ) and indicators (posts 23,25,28,30-2,34,36,37,40,43) ). Finally, I had to take a break (6, 17,45-6), get discipline (33) and take others' advice ( after others' posts). My still-developing method begins at post 44 and charts news affect through my pattern recognition table ( ) and bar-spread trendlines.
(post 58+) This prt works with forex patterns superficially, in that it only considers balance patterns, which is forex's forte, with respect to roller language, which is (individual, especially smaller- (news-responsive)) stocks-appropriate. The product is only visually, not mathematically, measurable. Forex's balance patterns can stand on their own; thus, this prt is dropped and I'm in search of a standard way to present a new understanding of balance patterns.
in e/u, #1-45 (more pattern than line); in g/u,#46-on (more line than pattern), with bsTL's (#46-on)




__________________________________________________________________

ideas after 11222011:






ideas only in post #1 and older than 07232010:







description

candlesticks. Logarithm vs. midline nature of them. To go mostly only one way; or, express a deadlock between two of the same; or, a build one way and then a spasmodic letgo of that build due to crossed direction of pressure.

-------------LINE PATTERNS : four descriptions of types 1-5-------------

NAME (APPEARANCE)
1 internal (pivot/dot, level/line)
2 both/shape (blur)
3 repeated
4 rolling (differentiated / L:M-repeated)
5 castle (symmetric) opt. off rolling
CHARACTERISTIC (EXPRESSION OF PRESSURE)
1 a simple internal L:M relation
2 regular polygon (n=3-4, infinite: triangle, square, circle; to produce dot, line)
3 proxy line balancing the other TL's fro,at,to
4 dependent dot or line (set) the patterns related to it actively react with L:M-wise
5 parallel (hi,lo, mid true, mid natural, logr) lines
CONTINUITY (NO FALSE EXPRESSIONS OF OVERALL DIRECTION)
1 N with occasional partial Y help on pivot
2 somewhat random percent of Y
3 immediate N within pattern's area, then Y for a medium while after
4 Y within its set area and then during TLs' affect
5 Y, multiply divided (only split, with rolling) and thus, in a sense, forever
CONTROL (LENGTH OF HOLD PRESSURE HAS ON DIRECTION)
1 immediate
2 shape-dependent
3 moderate
4 proportional (while others do)
5 reframes continuously (anchors for longterm, off rolling)


----------various indicators to help select potent and easy line patterns---------

1. Volume Teacher v4. High-volume candles, very low then very low - volume candles, low-volume candles. Matching, opposing price range in the bar(s)/candle(s); helps select more potent TL's when mixed with other indicators.
2. 1,2,3,5,8,13,21,34 sma's, single color (personal, likely not ideal, choices) on 'None' most of the time). V's and tiny circles with all lines within them. Price-time line progression along horizontal TL segments.
3. Market Hours. 2-12 pm volatile, 12-2 calm, 1-3 pm turn. Opposing repetition, change in trend.
4. DutchCandle. Ordered (ex.'s: solid, spike, logr-curved ramp, flat ramp, flat, mountain, valley, and plateau) shapes to figure direction and draw TL's from.
5. Zigzag. Symmetry (pivot trend) angles. Entire-area pivot switches, repeated logr's from one s/r touch to the next, and others. A native sense of the angles helps, especially in speedy read of chart.
6. and others

examples example 1: slideshow, template; ex 2: s, t; ex 3: s, t; ex 4: s, t


.


____________________________________




TL's named for purpose

line pattern -- anything line, revisited overall, 1, 2, 3, 4




line patterns, general discussion of

a random chart game (from here)

(Line patterns are chosen from shapes.)

-------------------
new ideas

05172010
Separate my line patterns into five types:

serial t:m, pattern (~parallel) t:m, s/p t, s/p m, and s/p t:m.

The differentiating letters are s, p, t, m and all, in order of type.

Examples, in order of types:
logr cycle / condensed-logr;
backwards, substitute or screen (see 'bar channels' post #1, ideas list with dates), involving pattern repetition in form or function;
bsTLs' small to large spread patterns;
corner, i.e. grid, when can draw a grid from how levels of ninety-degree angle between them; and,
a pattern with an obvious end pivot whose TL goes through a midline or a single pattern's center line that corresponds implicitly if askew with a later midline (see the multiple white lines picture in 'bar channels' post #1, same place as before.) )
Then, break down a chart area as mostly pertaining to the s/p t:m type of TL's, either with the complex repetition and set area (if not -effect for their TL's) of s or p t:m's or with the simple (non)repetition and variable area of s/p t's or m's. This is what the template example in the 'bar channels' post #1 had under today's date, using the former through condensed logr and a backwards TL set (except not shown on the template (here it is.)

leverage that decides each type, in order of type given above: shape, shape and line, dot, dot and line, line

This ordering idea fits in with shape areas, since there's the shapes, then a dividing line, and finally dots in and around each dividing line that one draws TL's from. The TL's with shape areas' dividing lines tend to fit in with each other sequentially from one shape-area dividing line to the next (ex's in post lost). Because it includes a potpourri of everything, the shape areas idea is of the s/p t:m kind.

04242010
shape TL's

overall:
It's shape areas, only to use one TL-producing shape each general higher-TF area (EST (mb trading)).
recent: 1,2,3,4,5.
This 1' series probably needs to be redone to use what learned, that is, shape TL's, especially the lack of frame TL's and also a triangle at the beginning. It uses lower TFs' pieces of shapes (dots, line segments,partial curves) as well.

03292010
shapes

*definition: A shape (with concepts within - outside of, to -from)
*condition: level (isolate (1 pt), level (2 pts), balance (3+pts)) or unlevel (expand, converge, irregular)
*scale: individual, exchange, or area
*type: reframe (a 90-degree corner with a 45-degree line from the corner; two slightly skewed, parallel lines with a midline between them for a third line; a one-pip bar then a vertical series of spinning tops, or visa-versa) or anchor (a line with small patterns progressing along it to a turn, a line with a few small and then a very large pattern and then nothing for a long time progressing along it to intersect after another area's turn; a vertical series of spinning tops, then zero or more one-pip bars, then another vertical series of spinning tops)



cog-pulley-weight approach



----------------------

formerly:
how bsTL's fit in with spread patterns in logarithmic cycles


--------------------


last theory:
Added logarithmic shifts and/or unusual patterns with high-impact news, very longterm bsTL's, or other wave fans' shape adjusting to the shape areas idea in #61-2 for a 1' TF method, to draw a bsTL fan at the shifting center or recentering pattern / set of patterns of a wave. Method is consistent, doing the fans at regular intervals and providing which way the price-time line goes.
There's lots of justification for this one -- The weekly midlines generally feed into these types of general shape areas; shape areas are consistent and dependable; news is included in all its affect; trend is reasonably certain; lines close to each other and from different fans work together easily; and, lots of space is defined. Problems may be that one must turn TL rays into line segments, once a line stops being effective, in an effort to keep the chart legible; general trend often fails to translate into smaller chart areas, leaving almost and rather ineptly horizontal fan lines to deal with it; and, choosing general shape areas, unlike shape areas in #61-2, are visually found relative to lots of other possible ones, allowing a lot of leeway to say where any one area is.


next-to-last theory, which does allow for a longer-term approach for the above one (where #61-2 does the same for a shorter-term one):
Traditional patterns (triangles, flags, etc.) are each a collection of balance areas formed from small groups and their bs- (expands) or mid- (contracts) TL's in(ter) standard pattern areas.

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Here's my old pattern recognition table (stocks' rl --> forex's balance patterns):

topics:
From the beginning of this thread, somewhat unconsciously, I strived to get one system for all patterns. Pairs (EUR/USD,) are richest in chart patterns; one example is multiple-shape, heiken-ashi-candle patterns. I got to specific patterns (posts # 2-7,9), a developing context of purpose statements (8,16,27,35), an early several-pattern system (11, 18, 19). I also looked to automatic stuff along the way, to see what they had and to try and adapt it into something useable (drawing tools (posts 12,13,15,21,26(mostly) ) and indicators (posts 23,25,28,30-2,34,36,37,40,43) ). Finally, I had to take a break (6, 17,45-6), get discipline (33) and take others' advice ( after others' posts). My still-developing method begins at post 44 and charts news affect through my pattern recognition table ( ) and bar-spread trendlines.
(post 58+) This prt works with forex patterns superficially, in that it only considers balance patterns, which is forex's forte, with respect to roller language, which is (individual, especially smaller- (news-responsive)) stocks-appropriate. The product is only visually, not mathematically, measurable. Forex's balance patterns can stand on their own; thus, this prt is dropped and I'm in search of a standard way to present a new understanding of balance patterns.
in e/u, #1-45 (more pattern than line); in g/u,#46-on (more line than pattern), with bsTL's (#46-on)

chart:
CDRW Spread, TicksSeparateVolume and/or other volume indicator(s), ToggleRegandHACandlesshift_v2, and a sessions indicator . Also, access to Forex Factory's red-flag news results.

other links: news and patterns; patterns that anchor chart with lines attached to it, to reframe impression with; candlestick patterns

Avoid my calls (1' demo) and oscillator or other idle talk -- Trading patterns is drawing-intensive.

-----

Part of the bsTL microverse: Overview, patterns (or, those with fewer or more candles), TF use, trading. (And its future: automatic; precise.)

.

Hello.

This is a typical pattern set:

Flight o' bird, or bird of prey, is common to this chart; it has an abbreviated version with 'fighter-jet' (see insert;its body is a wide version). Also shows a pc-hat (two parabolic curves brought together), also common :

'Last-low' is when you get a small drop before a big drop, then a return to match that small drop's bottom pivot. (I swear I got this chart before the last drop...):

http://ccl.northwestern.edu/netlogo/...un.cgi?Spirals & Curve Matching.794.443.0 has free phi (fibonacci) spirals. Just use page-shadowing freeware like Lucid or Glass2k and overlay some spirals over your favorite chart; to print it, try Gadwin Printscreen, Rob Software, FastStone Capture or SnagIt.
Example:

Good stuff thanks.
The problem I see with price patterns is that you never know when a pattern or a wave is completed so I only look at candlesticks (IBs etc).

Yeah, me too. I approached this difficulty thru understanding every pattern I could get and regrouping them in terms of each other, so that trendlines, channels and the like, which are easier to understand and control than focusing only on the pattern themselves. This lets the patterns' interrelations found in their definitions and groupings give extra clues about direction, possible other shapes, and so on. (I know this is vague, I'll have to gather and show this.)

I'm going to post anyhow. While most flight o' birds can turn (like a bird), these two are picture-perfect:

Specific pieces and relative-measured proportions define the chart pattern below. Most downturns in the EUR/USD chart can be identified as having it (although, often, other patterns or reasons are more convenient, since this pattern can change a lot within the given definition) :

The bird of prey (ab=cd -like), fighter jet (head&shoulders-like) and pc hat appear about as often as Gartley or classic patterns, and the channel-turn before most downturns. Another set of patterns is rl, or roller language, named for its patterns' ability to interpret the character of a chart area. The rl patterns are
step (also considered a bull pennant), a pole with a symmetric triangle atop it, which denotes an excitability;
harami (not the candlestick harami), an N shape, which at times says 'maybe';
castle , two straight-up lines with a lid attaching them, which denotes stability;
peak (more common in stocks), a roll with a mild spike in it, which shows semi-rolling; and,
roll , a smooth curve similar to a pc hat, denoting a lot of smoothness.

All of the patterns I find are relatively defined within themselves and let the easier-made pivots and trendlines be exact beyond piece-relative. Exact measures to define when each pattern turns helps state a turn based solely on that pattern. Then again, a lot of turns seem due to copies, vertical or horizontal reversals, or 'shoulder-line' difference between two or more of the same random (including the above) pattern with a line or pattern separating them. Other turns may be inside a scaled-up version of a pattern.

An effective use of MT4's Fibonacci fan, with noted numbers and other factors:

Forums > Trading Systems Powerful 1 Min Scalping System (Fx Prime) #1993 articles on forex times helped me with this fan use (includes a (blue) 'mid-range fan'):

Your charts, while educational as far as the features avail in MT4; are just plain confusing to me. I like simple. There is a Symmetrical Triangle forming on the Daily.

Right. Below is a replacement for #12; the messiness'll take a while.

It's a work-in-progress.
Better: I'll gather, measure and clean, then present each idea on one chart each.

Charts are on hold for a while, so here's something to keep busy.
Simple auto-running trading games:
http://chartgame.com/play.cgi?pag2t8-1,387,2621
http://www.ababasoft.com/flash_games/forex01.swf
http://www.pfgca.com/flash/

Here's a simple example of roller language works, including the extended patterns, basic variations of the definition of each rl pattern, and rules and conditions that allow reasoning future actions from the given patterns. The example excludes rl sets, trendlines within rl patterns, and more-complex interpattern reasoning.

*WARNING* This explanation is lengthy and necessitates an almost-continuous viewing of the given chart. Also, experienced viewers, please bear with me, I'm explaining how a cohesive group of patterns works; its use, when appropriate to the chart for whatever symbol or pair, helps in what I view as the ultimate need of a trader's toolbox, that of providing reason enough for the next trade. I'd rather break everything down in a logical, sequential fashion, even explaining the same thing twice occasionally, than just hand a new set of patterns to you with a few words. Beginners who don't want to use my set of patterns will at least get something from the line of reasoning below that using several patterns necessitates.

{insert chart here}

It's simple because every rl pattern is plainly defined in this example (more on this later.) It does include the extended portion of roller language, which is

hash (a bunch of cross-hatched lines, forming parallelograms within)
.. then step to roll..
line, or line segment
point (here, 'pivot')

These patterns, or shapes since they're often simple, are plain, implied and easily cross over the regular patterns in their own way; thus, they're in the extended portion. Regular patterns adjoin each other, or even, on scale, cross over each other; they, however, generally respect the boundaries of the other regular patterns.

A walk-through of this example:
First, you see a step. It's a reasonably pure step, only leaning a little and with a nicely-formed symmetric triangle that's not sinking into the step, and jumps a little afterwards as a symtri would, in an easily-recognized direction. The step's symtri's followthrough fails a little, which creates the setup for the next pattern.
A 'maybe' (and a soon-to-be-recognized-in-the-chart pair of lines (or, a channel), which express the 'maybe' pattern's future dominance between them (that is, the channel contains several 'maybe' patterns,)) pattern answers the last pattern's slight failure.
Next is a roll, or rather a rather fractured roll, compromising itself with looking like a peak. Its being there brings in a rule, which in turn will lead to some valuable interpattern reasoning:
As noted in the prior message, the rl patterns are in a particular order. Imagine the center of the basic patterns to be the castle, or 'stability'. Then, put in your mind the 'maybe' pattern on the left side and the peak pattern on the right side. Finally, put the step pattern to the left of the 'maybe' and the roll to the right of the peak.
The rule being noted is that a chart order of a 'maybe' pattern and then a peak pattern is a regular jump from one side of 'stability' to the other; it creates no tension, or at least any tension it creates would only arrive from its being perfectly aligned. One could call this chart order as being in a '0' condition.
A '-1' condition would be a jump from one pattern to a neighbor of its opposing pattern, creating an instability to the natural set (that is, the defining order of roller language's patterns.)
Beside the rule, there are conditions when the 'maybe' goes to the roll. Contraction occurs, in the rl sense. The roll also has features of a peak (condition one), which helps reduce the tension between the 'maybe' and the roll, and thus the side channel forms. The contraction answers the expansion (condition two) that the step did in its jump and failure of the jump.
The modified-'-1' condition of the peakish roll is answered with another 'maybe' pattern, which creates a condition of two examples of the same pattern framing a certain area. This frame-like condition somewhat settles the channel's being there. The size of this second 'maybe', however, is a bit small; the next pattern, a small and very connected step, supports the 'maybe' and its making a frame: The step is on the same side of 'stability' as the 'maybe', it relieves the '-1' condition of the 'maybe' after the 'maybe' challenged the roll, and it matches the first 'maybe' pattern's predecessor, also a step.
A step is an excitor, since it climbs easily. (Note I counted step series. (I was hoping for 3 to 5 steps to be on one ascending trendline; usually, such a series will go sideways after the third or fifth step.)) The frame resolved the side channel's tension, and the regular, if small, step, especially since supported with being related symmetrically with the prior, somewhat bullish step, joins the frame in creating a probable upward motion.
Another step appears, weighed down with the side channel and how releasing of tension the frame was. Then another step appears, a small, stumpy one that almost sits atop the side channel, thus reinforcing it. This creates a 'maybe' condition and pattern that crosses into the last (and third) step, deciding another side channel into probability.
After this 'maybe' pattern is another peakish roll, completing this side channel sitting atop the main side channel. A decent-sized step leaves the side channel; only, it fails miserably, because a pivot, or point (or dot) has appeared. I say 'appeared', only it's a pattern in the extended portion of the rl series, just to the right (in the mind's eye) of the line. There does also exist a condition, at least in this chart, of a big channel then small channel then point series, which is simple and thus may reflect the chart's use of the natural set (which is the defining order of the rl patterns, as listed in the last post and at the top of this post.)
This completes one direction of the chart's general trend. The next direction is down. The step, having just barely reached above the smaller side channel, breaks down from a pivot and falls into the original, bigger side channel's upper half. This step is upside-down and very fast, with a bit of an inward-into-the-bigger-channel's-wall angle to its symmetric triangle. Then another step happens, this one short, stumpy and with a relatively-large symmetric triangle to stay inside the side channel it's in.
This last step, with its short stem and big symmetric triangle, hits the channel's base strongly, and the big symmetric triangle, with the channel's base, acts as a kind of support to reverse the usual direction of a step's symmetric triangle's reaction. It ends the down direction. Another step appears and creates the next, up direction. (I decided not to count steps this time, since direction changed.) This step immediately hits the big side channel's upper wall, leaning while it does so. However, this step is also thin, in contrast to the last step, and that contrast is a condition that relieves the tension (in the price-time line of the general chart), on top of the grounding effect the turn related to the last, heavy step had.
Another, even lighter step breaks from the relatively-light last step and through the big side channel's upper wall. This lighter step has some issues, such as one of its price-time line's candles having a long shadow into the lower big channel before it leaves it. This condition creates a lagging weight on the p-tl line, a condition internal to the rl pattern, and suggests that beyond this chart lies more internally-weighted rl patterns and thus a more-slanting trend. The final portion of the chart shown reflects this condition, looking like a slanted reaction to the step's symmetric triangle, a reaction that, in the chart's last candle, retreated.
The reactions shown with the last pattern could develop into a choice of several patterns, which will have, probably, the noted internal condition, a tension of reacting to the smaller channel's upper wall. This modifies the bullish condition of there having been two of the usual 3-5 steps in one direction already. Also, the big side channel - small side channel - point series provides a condition more in the background for the p-t line beyond this chart to react to.
Oh yes, the 'hash':
The 'hash' appeared as a counter to the point and line (series) on, in the mind's eye, the other side of 'stability' (castle, in the natural set.) Notice how the chart's last two patterns, excluding the last pattern's reaction, creates a straightened 'N'. This straightened 'N' reflects the levels the price-time line already ran through. The 'hash' is somewhat invisible, being on the extended portion of the natural set, that is, of the order defining roller language. (There is only eight pattterns, not nine, in rl; the core portion is symmetric, and the extended portion is conceptually, not literally, symmetric coinciding with the core portion between either side of the extended portion ('hash' on the left and line then point on the right, in the mind's eye.) The 'hash' also created the condition of satisfying the chart's area including the shown chart's first pattern, the relatively-pure step and its reaction, and excluding the chart's last pattern, the internally-corrupt step and its reaction.

I've described how all of the patterns shown on the given chart connect to each other. Yes, of course, there are lots of other methods of describing it, even of describing the patterns I named. Roller language is one more way to describe a chart, and one advantage is that it is all-in-one.

I arrived at this grouping of patterns when I was trading stocks. Stocks each tend to create a set or pair of rl patterns particular to that stock, in the less-flexible (not usually containing the ability to center and create 0/-1 conditions of tension from this centering, that the natural set has) derivation of the 'natural set'. Forex pairs do contain rl patterns; speaking for the EUR/USD, which I've demo'ed for several months, I found runthroughs of the natural set, some inter-rl-pattern tension and same-rl-pattern framing, and miscellaneous other use of roller language. Pairs, unlike single symbols, don't seem to have an rl set or pair individual to each, at least not from what I've observed to now.
Rl sets and pairs, except the natural set's, create an 'unnatural' condition to deriving from the natural set and going their own individualistic path: Chart interpretation becomes based on this 'unnatural' set, and thus the interpretation of the given chart in this post only serves as a basic understanding to roller language. Inter-pattern reasoning turns more complex, and one has to, at least with stocks, strive to find stocks that are easier to interpret.
Also, this example excludes castles. This is a good thing, because stating obviously one's stability in turn exposes it to other patterns using and even warping its stability and further use of the natural set within that symbol's chart. Finally, this example does not describe conflicting interests, such as a chart area repeating without ever really looking like roller language within its confines, or at least, through lots of repeating, copying, flipping and other warpings of that one chart area, negating the benefit of using rl with and within the chart area. You could call such an area as containing an undivided pattern of 'energy', as a proxy to calling it some made-up name; that is, you could call a chart area with such properties an energy set or pattern.
Forex, now that I think of it, plays with the notion of roller language, it's so experienced (lots of users/traders creating it with lots of capital; in stocks, the company a stock represents is trying to sell a complex idea, thus its individualistic rl set (less so, if a pair) is more complex and thus more likely to be more an energy set than a set with differentiated (rl) patterns) and it uses more than one symbol in its chart (being a pair.) These two conditions allow lots of energy sets and thus the availability of new patterns being named, such as the 'bird of prey' (or flight o' bird) pattern, to deal with them; and, in forex, at least up to now that I've seen, no derivation of the natural set exists, so roller language in forex has a lot to do with the above given chart and its explanation, if only between these sometimes-named energy sets and thus broken into areas more serving these energy sets than playing off each other in a string of rl patterns as in the given chart.

That's all there is to roller language. Rl creates a new paradigm for understanding charts.

P.S. to the last post --
I kept saying 'in mind's eye', which is kind of vague. The order, from left to right, with the core rl patterns separated, in the natural set of roller language, is
hash | step 'maybe' 'stability' peak roll | line point
.
Also, the chart for the last post's chart explanation didn't post. Here it is:

A 1W-scale consolidation, and a large complex/multiple pattern before this, showed to be in line with the price at the end of last week. The 1W-scale areas makes me think the e/u'll center around the pivot for both 1W-scale areas for a few weeks. Why: Repetition of one unusual pattern; a 'maybe' (that simplifies) in both; the smallness and odd angle of the jump after the simpler 'maybe'; news that aligned with this jump and the top shown;and, finally, another type of unusual pattern that showed close to the current price.
Below: The first picture shows the general idea, the second the 'maybe' having the repeated pattern inside of it,the third rather ineptly showing how often the pattern also repeats on lower scales in this 1W 'maybe', and the fourth and fifth showing another pattern (no name; perhaps 'wavemaker') that seemed to lead two recent consolidations and centered, if one calculates the second recent consolidation's imbalance into the 'centering' around the current price, around the 1W-scale patterns' midline. Thus, the recent pattern and its consolidations are responding to the 1W-scale patterns, centering around them and doing wedge-like waves widening from each recent pattern as the response.