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Analysis and Trading based on Envelopes, Waves, Cycles

image BTCUSD Chart Follow Up

Analysis and Trading based on Envelopes, Waves, Cycles

Exact Terry

Analysis and Trading based on Envelopes, Waves, Cycles

CMA 256 has made its Low too, transitioning from Bearish to Flat

Analysis and Trading based on Envelopes, Waves, Cycles

CMA's 32, 64 and 128 have made their Lows

Analysis and Trading based on Envelopes, Waves, Cycles

Bingo ! Previous posts and Analysis are confirmed;

Analysis and Trading based on Envelopes, Waves, Cycles

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Analysis and Trading based on Envelopes, Waves, Cycles

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Analysis and Trading based on Envelopes, Waves, Cycles

Very nice job Terry; Thanks;

Analysis and Trading based on Envelopes, Waves, Cycles

BTC is very close from a 50 % Retracement

Analysis and Trading based on Envelopes, Waves, Cycles

D) When Price Motion will break VTL 128 (white) on the Upside , this will mean that the CMA of higher degree (CMA 256, yellow) has turned Up, then made its Low Thps means that at this precise moment Price will be 1/2 Span away from CMA 256 Low ...

Analysis and Trading based on Envelopes, Waves, Cycles

Milking the Valid Trend Line (VTL) Concept : A) As long as the VTL 128 (white) is not broken on the Upside, Price Trend is bearish B) When Price Motion will break VTL 128 on the Upside , this will generate a Candidate Bullish Action Signal C) When ...

Analysis and Trading based on Envelopes, Waves, Cycles

CHANNELS FOLLOW UP

Analysis and Trading based on Envelopes, Waves, Cycles

BASIS OF CHANNEL ANALYSIS When used properly, channel analysis will enable us to forecast points in the immediate future at which a trend is expected to change direction. Brian Millard Channel Analysis can do much more than that (Parisboy)

Analysis and Trading based on Envelopes, Waves, Cycles

The basis of the method of channel analysis is the observation that, when correctly plotted, share prices oscillate about a Moving Average, and the oscillations can be contained within boundaries above and below the Moving Average. Brian Millard

Analysis and Trading based on Envelopes, Waves, Cycles

In its simplest use, we can say that we can project the channel forward into the near future by drawing smooth continuations of the existing channel lines. Brian Millard

Analysis and Trading based on Envelopes, Waves, Cycles

When carried out by computer, as are all of the charts in this book, the channels are drawn so that only a small, specified percentage (e.g. 2.5%) of price points stays outside the channels. Thus a small number of overshoots is tolerable, and even ...

Analysis and Trading based on Envelopes, Waves, Cycles

When the share price approaches the inner channel boundary we expect it to reverse direction, and when the inner channel approaches the boundary of the next outer channel, again we expect the inner channel to reverse direction. Brian Millard The ...

Analysis and Trading based on Envelopes, Waves, Cycles

We can use the Focal Point FP5 and its Potential Target Price as an additional Area to check for a Change in Trend

Analysis and Trading based on Envelopes, Waves, Cycles

We can observe here how the Change in Trend propagates itself with CMA 32 (red) acting as a warning theb CMA 128(white) ahe new Downtrends and additional co,formation and CMA 256 (yellow) as a definitive confirmation of the new Downtrend

Analysis and Trading based on Envelopes, Waves, Cycles