Earlier identified angle that maps growth cycle. It has a strong frame of reference because:
Building blocks are arranged into their Fib orbit.
Direction of Cycle of Highs and Lows match
To validate the angle we can extend to the left to confirm prices respected that angle. We can see it interconnects entire previous fractal cycle confirming angles credibility and therefore can be further utilized for building predictive modeling.
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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.