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PRICE CYCLE X1 - manual model

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DEFINITION OF PRICE CYCLE X1:
This is a manual method used to identify price cycles , it acts as a powerful reversal point and if price is able to traverse A CYCLE the PROBABILITY OF PRICE TRAVELLING IN THAT DIRECTION IS HIGH.

This tool is fractal in nature best applied if u combine 2 or 3 cycles at the same time for example :
use cycle 3 and 1 for a weekly bias
if the market is trending it can even act as a daily bias .

The Bigger price of the instrument the BIGGER THE CYCLES IT IS GOING TO NEED , smaller cycles for assets with smaller cycles

BONUS: THE MIDDLE SUB ZONE (CYCLE 1 IS TREATED AS SUB ZONE IF CYCLE 3 IS USED WITH IT , LIKEWISE FOR ALL CYCLES)ACTS AS A GOOD REVERSAL POINT

כתב ויתור

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