LONG. (ONE MORE WAVE UP BEFORE A CORRECTION)
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Discussing the 10-year cycle we have a beginning point in January of year x1, here year one will start from January 2021 to January 2022. The complete Decennial cycle ends in January 2031, a 10-year or 521 weeks cycle. There are significant subdivisions within this cycle that repeat consistently in all previous cycles, that will be for another discussion.
Today we want to see the near perfect progression of the current cycle from the beginning point on 4th January 2021 weekly candle to the present. We can identify three (3) important tops and two (2) major bottoms.
From origin on 04/01/2021:
First top : 03/01/2022 = 364 days
Second top : 15/08/2022 = 588 days
Third top on : 07/08/2023 = 945 days
(588 / 364) = 1.615 which indicates the Fibonacci ratio 1.618 between the two tops
(945 / 588) = 1.607 approximately an equal expansion of Phi
This puts the next progression at 1540 days from the origin
We also have 2 major or mid-cycle lows until now
From origin on 04/01/2021
First Bottom : 10/10/2022 = 644 days
Second Bottom : 23/10/2023 = 1022 days
We can observe that the first bottom occurred from 26th September through 10th October 2022, a range between 630 to 644 days.
(1022 / 630) = 1.62 which again represents a Phi progression
Also (1022 / 644) = 1.587 which is also a Phi identity.
The next point on this progression of bottoms will be a variable range between 1666 to 1747 days
The ending point of the range puts the time on 20/10/2025
The progression furnishes us with just one scenario which is repetitive in all decennial cycles: 1. That a major correction is not due yet, any corrections currently will be minor ones within the up-wave.
2. That a major top will come in late 2025 to early 2026
3. That we have one more advance from 37611.56 level towards a first point at 42400 level
4. That the total vertical progression (Price) is a (2680 * 10) advance with extension towards (2860 * 10) putting the top within the 10 year cycle at 55400 to 57000
Check back as we discuss the price subdivisions within the cycle
Trade safe
Good luck
Today we want to see the near perfect progression of the current cycle from the beginning point on 4th January 2021 weekly candle to the present. We can identify three (3) important tops and two (2) major bottoms.
From origin on 04/01/2021:
First top : 03/01/2022 = 364 days
Second top : 15/08/2022 = 588 days
Third top on : 07/08/2023 = 945 days
(588 / 364) = 1.615 which indicates the Fibonacci ratio 1.618 between the two tops
(945 / 588) = 1.607 approximately an equal expansion of Phi
This puts the next progression at 1540 days from the origin
We also have 2 major or mid-cycle lows until now
From origin on 04/01/2021
First Bottom : 10/10/2022 = 644 days
Second Bottom : 23/10/2023 = 1022 days
We can observe that the first bottom occurred from 26th September through 10th October 2022, a range between 630 to 644 days.
(1022 / 630) = 1.62 which again represents a Phi progression
Also (1022 / 644) = 1.587 which is also a Phi identity.
The next point on this progression of bottoms will be a variable range between 1666 to 1747 days
The ending point of the range puts the time on 20/10/2025
The progression furnishes us with just one scenario which is repetitive in all decennial cycles: 1. That a major correction is not due yet, any corrections currently will be minor ones within the up-wave.
2. That a major top will come in late 2025 to early 2026
3. That we have one more advance from 37611.56 level towards a first point at 42400 level
4. That the total vertical progression (Price) is a (2680 * 10) advance with extension towards (2860 * 10) putting the top within the 10 year cycle at 55400 to 57000
Check back as we discuss the price subdivisions within the cycle
Trade safe
Good luck
Giao dịch đang hoạt động
First target at 46500 price level +/-
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