OPEN-SOURCE SCRIPT
Financial Astrology Venus Speed
Venus speed phases (stationary and retrograde) are essential to determine a market corrections or consolidation periods, we can see that for BTCUSD, in the majority of the historical occurrences, when Venus speed decelerated, a price dip or consolidation period formed. Once the Venus average speed resumed, there was a continuation of the main trend. When the speed deceleration coincide with Venus in South declination (observe the Venus Declination indicator), the corrections was more intense, however, we don't have enough past observations to determine if this astro setup is significant we will keep watching future occurrences to confirm.
Note: The Venus speed indicator is based on an ephemeris array that covers years 2010 to 2030, prior or after this years the speed is not available, this daily ephemeris are based on UTC time so in order to align properly with the price bars times you should set UTC as your chart timezone.
Note: The Venus speed indicator is based on an ephemeris array that covers years 2010 to 2030, prior or after this years the speed is not available, this daily ephemeris are based on UTC time so in order to align properly with the price bars times you should set UTC as your chart timezone.
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