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Market Geometry

careful, smart place to take bull profits/wake hedgey the bearcircle made from june-nov bottom has acted as strong support and resistance. we're there now. spiral made from same bottom has also been stronk - it's started deviating from circle so resistance is around 28.5 here, maybe a wick? or could just be following the circle it could always break thru - trendlines are made to be broken and it's been such a strong move off the 200W MA aka bull market support band - and even if it rejects it doesn't spell doom necessarily, as long as that support holds. it's just the range as it's curling around. could also flirt at the top while alts have some fun. be safe, be kind
by FinanciallyCodependently
4
sloppy harmonicsif you learn one thing in crypto imo it should be the cypher and the shark harmonic patterns, the stop-hunt, liq grab fakeouts. higher high and lower low reversals. market makers love these simple, scammy, algo-driven (ratios are precise) fakeouts and they bank on you not knowing them and so letting your emotions get the best of you. learn about them if you haven't yet. protect yourself, don't get stuck buying the top or selling the bottom bc intro TA tells you a higher high is always bullish and a lower low is always bearish. don't let these clowns get your money, esp not when they're using the good name of math to hurt you. deconstruct their traps anyway this is sloppy, totally inexact, just here to remind myself and keep in my bag of confluence. the subjective nature and imprecision of harmonics is NOT an excuse to not use them imo. just like elliot waves. like everything else they are a useful tool when part of your bigger picture. blue is cypher (.786 finish) and yellow is shark (.886 finish), obviously targets depend where you start them, which is why that mid-18 confluence is interesting. (a lot of other confluence in that area too including just basic price action) use the cypher tool, not the XABCD tool with harmonics. they are slightly different in terms of how they calculate and the difference can matter stay safe out there, don't forget about the people who love you in spite of your gambling addiction (most of all GOD)
INDEX:BTCUSD
by FinanciallyCodependently
6
TIME vs PRICE is GEOMETRY... RISK ONGreetings Traders Here we have the SPX chart with an Andrews Pitchfork off the three most recent monthly pivots, up to the ATH We also have a fib retracement I have scaled the chart We can see price is currently consolidating after having completed a 50% retracement from the ath. Time has been squared with price for the duration of the move. We are currently finding support on the 0.382 retracement and attempting to break up from the Gann Fan But moreover, there is huge support from the GEOMETRIC MEDIAN I am personally long risk with a target of 5k spx PLEASE NOTE THIS IDEA IS FOR EDUCATION ON THE PRINCIPLES OF MARKET GEOMETRY AND IS NOT A TRADE RECOMMENDATION
FOREXCOM:SPX500Long
by TIME_versus_PRICE_is_GEOMETRY
another snack for my bear bias, with grains of saltspiral (bottom of correction back to top it started from) called top of ftx dump too (along with other things that called ftx dump tho). chart scaled vanilla 100:1 noticing this 45 degree line (relative to correction angle aka trend i used to make the spirals...tilt your head then add 45 degrees) was pivotal before...is it the cliff? if it bounces here i keep seeing a wick to like 25.4-25.6. 24950 would be top without wick i think when this breaks all hell will break loose. i gotta lotta bear signs here, too many to count, but in the bull column we have the giant cypher first tp is 30k. so idk, maybe down then up there. or maybe all hell will continue to break loose upwards, who knows. in the immortal words of bitboy: "this market...is volatile" also who knows how long alts gonna alt while bitty goes full psychopath flirting with the top here be safe all (talking to myself here too)
INDEX:BTCUSD
by FinanciallyCodependently
4
Time and Price… Geometry Plato had an inscription over his academy LET NO ONE IGNORANT OF GEOMETRY ENTER HERE Modern trading, especially on lower timeframes relies on indicators hence price action can be a nebulous concept for traders What is price action? Price action is the visualisation of price fluctuations on the y axis versus time on the x axis. On the shorter timeframes this can indeed be dominated by the high frequency algorithms: hence the random walk theory. But despite the algos, market trends can be deciphered on even the shorter timeframes: with higher lows and higher highs in an uptrend; lower highs and lower lows in a downtrend; and the absence of either in a ranging market. Longterm timeframe price action: GEOMETRY Whilst the random walk is concluded for even longer timeframes: the student of geometry will always be able to decipher order out of the chaos. Here we have a 3 year spx chart. If we box the price action: what we can see is PRICE has been perfectly squared with TIME for 3 years. We had an impulse move off the lows in 20 months and a correction of half that range in 10 months. Since then we have had consolidation and a breakout. The breakout is confirmed by price breaking the downtrend from the ath to the swing low in October 2022. Using an Andrews pitchfork off the low following then Corona crash; the ATH and the October low: we have a clear new ATH median line target. Using our pitchfork to now frame that macro geometry: we can decipher price action as it moves to target. Of course price action may fail in its proposed trajectory. Doctor Alan Andrews hypothesised an 80% probability for such a move; and Greg Fisher validated this in his median line study on Grains. Geometry… the order out of the seeming chaos of price action Footnote: all of the above brings us to the stunning conclusion that spx is not in a bear market but has merely corrected the impulse move since the corona drop by 50% in 50% of the time of the impulse; and that new highs are the most likely (but not guaranteed, of course) outcome here.
SP:SPXEducation
by Great_Reset_Investing
5
simple?this is why i'm macro bull *reminder to pinch/squeeze scales to snap shapes back into place, shoutout to my fav tradingview glitch* i'd posted an idea like this before when i was just a baby, monthly spiral made from 21 tops then visually fit, but i jumped the gun and didn't consider diff orientations, or fit to wicks...so i tried to be more careful here. could also just be confirming my bias lol which is of course the criticism everyone makes with geo / trendlines whatever. but i also wanted to show how the spirals (all made from the 2021 top wicks on their respective timeframes. backwards - november to may. dashed = counterclockwise; solid = clockwise. then visually fit to prior tops/bottoms) look different depending on timeframe, so you shouldn't take them as gospel. also, scale changes them drastically (even when you lock the scale like a good lil degen). but an idea i was toying with is that maybe they call different supports/resistances...like...the weekly spiral calls the early 2022 support. idk, there are so many ways to draw them, and they're just a tool like everything else, which is why confluence with things like fibs and price action is important. i love seeing the symmetry and the harmony, legit fascinated by this stuff en route to cracking the code <3 stay safe reminder looking at 18.5 for retest, then macro bull eng.teancum.es
INDEX:BTCUSD
by FinanciallyCodependently
pitchforkcircles are made from trend, just to make sure perpendicular bisector is correct to draw the pitchfork. regular pitchfork. then did octaves (as in 1/8...0.125, 0.25, 0.375, 0.5 etc) which michael s jenkins says is key to everything, probably has something to do with music and harmonics idk. pitchfork looks kinda like musical staff no? market in the key of b sharp HEHEHEHE #don'tmindme original pitchfork btw i'm macro bull but micro bear here, maybe down to 17.5ish idk. be safe everyone
INDEX:BTCUSD
by FinanciallyCodependently
5
scaredidk 2 diff spirals. one made from 2021 tops, and the other made from this summer's pamp. trendline is just trendline, kinda wonky as trendlines are but it did break out of the triangle i talked about a couple posts ago, where the timeprice fib called reversal at 1.414, but that was this same 2021 tops spiral, bestfit vs wicks maybe it's the ptsd, but i'm scared here some other double bottom pricetime fib confluence too, 1.732 but that's super local (december), and 1.886 (more longterm local aka november). i see 1.732 a lot (square root of 3) not saying it's a good short, just saying i wouldn't go long til break and retest obviously resistances break, just trying to show that are many here
INDEX:BTCUSD
by FinanciallyCodependently
heyidk, playing with lots of things here (spiral from bottoms visually fit; vertical spiral from circle on bottoms; circle from trend left where it is; same circle from trend visually fit to .628 (2pi/10) as resistance - with 1 and 1.128 forming support) i think the most important thing to keep in perspective if you're sus of this kinda stuff is nothing is random, every shape is based on prior PA. bottoms, trends. there is nothing new under the sun. it's just harmonics expressed geometrically. it's just like using fibs. suspend ur disbelief, it's a map of psychology confluence, recursion, harmony ur mum welcome ideas on how far we will retrace here, good show bullas just to remind myself i did the spiral from the 1.128 bottoms circle bc that's what bitty respected on the way down. oh also looken at a bear bat harmonic, also my pricetime fibs, which i'm sorta just beginning to play with, have a lotta confluence tomorrow afternoon reversal. NFA especially on that one first new michael s jenkins vid in 3 years, gonna be good 2023! www.youtube.com :pray:
INDEX:BTCUSD
by FinanciallyCodependently
crypto harm reduction plan (trade boomer commodities instead)hi, hope all is well and you are all taking care of yourself *boomer rant incoming* the crypto market is the worst of all corners of the internet and finance. a bloodthirsty chimera of all our traps and shortcomings on the designer steroids of tech. "the crypto space" is designed to make you miserable, alone, addicted, ashamed...in a state of mind that makes you more susceptible to the loss chasing it's manipulated to push you into. bleeding out your already serotonin and dopamine-starved brain, and making you feel like you have something to prove the deeper you go. to yourself, to your ideals, to your desperation over the financial system and debt-based USD hegemony. farming misery to steal yr coins. don't fall for it. you are fearfully and wonderfully made. position yourself to succeed. everyone says to take breaks but we all know how hard that is with a 24/7 market when we can't live a minute without our phones anyway /boomer rant (and possible crypto bottom signal, i know ;-) actually still thinking crypto will bounce soon) the good news is i've had much more success trading this gold range and i feel much better mentally, physically, and spiritually market closes an hour a day and on the weekends, highly recommend. (absolutely medical advice) (fib spirals made from double bottoms as per usual, different orientations visually fit til one emerges victorious as s&r...important to remember they are just s&r's. they are just curved trendlines with acceleration and decay, they can break and they are not 100% precise...always manage risk. and lock your scale. mine is 1:1 here, and lately i've been trying to use multiples or factors of 10 (10, 100, 0.1, 0.01) depending on what looks best with the timeframe) not sure when/where the range would top out, just been trading it smallest possible positions for now. rewiring my brain. if ihs plays out looking at 1920-1930, which would also jibe with the highest resistance spiral. still working out timefibs sacredtraders.com sacredtraders.com both have amazing free vids on youtube, jenkins' www.youtube.com is really all you need, watch at 0.5x speed over and over again take care, and always remember money aint shit. It's all God's anyway
OANDA:XAUUSD
by FinanciallyCodependently
seek and you will findmore assured version of this idea with timefibs spirals made from 2021 tops then visually fit and triangle highlighted, getting tight timefibs made from converting price to time (a la the guru you should be watching yesterday michael s jenkins - www.youtube.com) aka $64k top = 64 weeks from that top & 69 weeks from $69k top watching this as a resistance, kinda embarrassed to be bearish here tbh but i'm loyal to my htf spirals wutamagonnado mostly trading metals these days bc crypto is toxic, and yes i'm aware that sentiment may be a bottom signal lol. personally love a market that closes and so will you far be it from me to call the bottom of this lil scalliwag but currently side-eyeing 14.8 if we go lower. maybe a wick? stay safe out there, and do one thing today to take care of yourself "He who loves money will not be satisfied with money, nor he who loves wealth with his income; this also is vanity."
INDEX:BTCUSD
by FinanciallyCodependently
oodles of doodlesjust posting to remind myself that shapes say different things depending on timeframe on the daily my support spiral (made from '17 and '19 tops tho) broke but wicked right off the weekly here (made from '21 top to '21 top in both directions and clockwise/counterclockwise, actual prices...so diagonal, not just horizontal pure time like i've been doing...those stophunt liq grab fakeout cypher/shark higher highs are double tops when you tilt your head anyway) but so many possibilities, which path will it follow (maybe confluenza will tell us) one thing is for certain...that resistance is thicc and i am preferring the weekly to daily for bitty i feel like we will just crab here for a while in the lil triangle like the psychopath bitty is considering becoming a $PAXG maxi these days anyway, real crypto far too bloody for my conscience and addictive tendencies
INDEX:BTCUSD
by FinanciallyCodependently