As we have discussed before, 20th June 2019 was the pivot date where price broke through the high 1375.
Typically we can expect a medium term vibration on 288 days from 20th June which falls on April 3rd
The 432 fundamental range also has 0.667 ratio equals 288
288 is also the 2nd square of 12 or 144 * 2
Within the 329 square, there is a smaller 5-stack cube with 78 units sides revolving from 1368 base and top at 1758
The 1st face was from 20th June to 6th September 2019
2nd face from 6th September to 23rd November 2019
3rd face from 23rd Sept to 9th February 2020
The 4th face which completes the cube rotated into view from 9th February 2020 and all the turning points
occur exactly on time ratios of 78 days.
9th March was on 0.382 axis
78 * 0.382 = 29.79
9th February + 29 days = 9th March ( +30 days = 10th March )
19th March was also on the 0.5 axis
78 * 0.5 = 39
9th February + 39 days = 19th March
28th March was on the 0.618 axis
1st April on 0.667 axis
Now the 0.707 axis falls on 4th April and 288 days also on 3rd April. Watch for some mid-term change in trend on these two dates
7th / 8th April is VERY IMPORTANT to watch for a change in trend.
Crucial times to watch are 21st / 22nd April and 27th April
As currently price is holding at the 0.272 Fib level of the 329 range, sell for a swing down with stop loss at reasonable pips above the one day high.
For a wide range, set stop loss above the weekly high
Typically we can expect a medium term vibration on 288 days from 20th June which falls on April 3rd
The 432 fundamental range also has 0.667 ratio equals 288
288 is also the 2nd square of 12 or 144 * 2
Within the 329 square, there is a smaller 5-stack cube with 78 units sides revolving from 1368 base and top at 1758
The 1st face was from 20th June to 6th September 2019
2nd face from 6th September to 23rd November 2019
3rd face from 23rd Sept to 9th February 2020
The 4th face which completes the cube rotated into view from 9th February 2020 and all the turning points
occur exactly on time ratios of 78 days.
9th March was on 0.382 axis
78 * 0.382 = 29.79
9th February + 29 days = 9th March ( +30 days = 10th March )
19th March was also on the 0.5 axis
78 * 0.5 = 39
9th February + 39 days = 19th March
28th March was on the 0.618 axis
1st April on 0.667 axis
Now the 0.707 axis falls on 4th April and 288 days also on 3rd April. Watch for some mid-term change in trend on these two dates
7th / 8th April is VERY IMPORTANT to watch for a change in trend.
Crucial times to watch are 21st / 22nd April and 27th April
As currently price is holding at the 0.272 Fib level of the 329 range, sell for a swing down with stop loss at reasonable pips above the one day high.
For a wide range, set stop loss above the weekly high