LONG ENTRY

2 nov. 2020

In this analysis we are going to use dynamic symmetry and vectorial expansions to analyze the swings from
point A to C. The naming for the swings are for referencing purposes only and has nothing to do with
harmonic patterns.

Magnitude of swing AB = V(AB) = 575.76 units
576 units is the 4th square of 12 according to Gann squares

Magnitude of swing BC = V(BC) = 221.799 units
Ratio of BC to AB = AB/BC
= 575.76/221.79 = 2.5959
This value is approximately = 2.618,
221.79 x 2.618 = 580.65 units
So AB is 2.618 of BC, ..... V(AB) = 2.618*V(BC)

Magnitude of AC = V(AC) = 404.99 units
V(AB) / V(AC) = 575.76 / 404.99
= 1.42 approx. = 1.4142 ratio
So, V(AB) = 1.4142*V(AC)
That means swing AB is the diagonal of a 404 units sides square inscribed by the vector AC

V(BC) = 221.79 units
V(AC) = 404.99 units
221.79 x 1.809 = 401.218 units, approx. = V(AC)

1.809 is the inverse of 0.5528 ratio
0.809 is the inverse of 1.236
1.236 = 2 golden ratios, thus 0.618 x 2.0 = 1.236
0.5528 is the polar opposite of 0.4472
0.4472 is the inverse of 2.236 which is root 5 rectangle
2.236 is a square plus 2 golden ratios, that is 1 + 0.618 + 0.618 = 2.236

Point C is therefor a node where the ratios converge.

We will expand the swing BC to investigate its internals


As per the swing magnitudes indicated in the sectioning from B to C, we have a linking wave XY
which is the minor correction within BC
V(XC) / V(BY) = 107.39 / 48.32
= 2.222 this value is approx = 2.236 ratio which is a root 5 symmetry

V(YC) / V(BX) = 186.699 / 114.925
= 1.625 approx. = 1.618 ratio

V(BC) / V(BX) = 221.799 / 114.925
= 1.93 approx = 2.0
that is BC = 2.0*BX

Point C is the current support point or anchor point, we can expect a bounce from this level up.
Stop loss must be reasonably tight below this level
Good luck

6 nov. 2020

Note

It has been an interesting week for Indices, In this trade price has also reached the 0.618 level of the swing from B to C. We can expect some minor correction from this level, however, we still maintain that the current primary trend is a bull phase with its anchor point at the recent low on 30/10/2020.
Trade with care, good luck