Hi friends,
Since today is Friday, I thought I post one last chart of the XJO - a 5 min intraday chart showing the movement so far for this morning session in the golden spiral/fib vortex - esp. for those who are new to fibonacci and spirals and might like to check it out this weekend:)
As you can see, with the centre of the spiral at C, a spiral at B and a spoke at point A, a new golden spiral/vortex has been drawn.
You can see that the prices opened to hog the blue spiral, then fell through a spoke and entered the time window marked by a bar ( chord length ) at the forecast short term cycle of the XJO. Prices promptly held there at the red spiral and is now hogging the spiral ...so there's price harmony after all ( arguably for some ) in the natural order:)
Do you find this intriguing?
Most importantly, by judicious charting of spirals and cycles, it is possible to find some guidance to help in trading as the spirals provide both time and price forecasts.
Have a lovely weekend ahead, and hope you have been "entertained" by the chart :)
dascore
is it cycling according to vibration number?, page-89
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