$SILVER: Fractal Geometry (Cycle 2001-2020)

1 278
Research Notes

Working out probabilistic texture using multiple fibonacci channels on just 3 coordinates of fractal cycle (late 2001 - 2020) on linear scale (on log chart it would still be relevant, so you can switch to view with right click on price scale for selection).

  • To describe behavior of price and key levels on smaller scale starting from covid we'll use
    L-H-L: snapshot
  • Using coordinates to express surface area of broken cycle with fibs mimicking rise, fall and side mapping cycle: snapshot


I'd look for patterns of bullish exhaustion only after price crosses the curve.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.