How to read the 4H chart
- 10D 10-day · 44.8 candles · 47% through · topping · trend down
- 5D 5-day · 22.4 candles · 94% through · bottoming · trend down
- 2.5D 2.5-day · 12.6 candles · 56% through · topping · trend flat
- 1.25D 1.25-day · 7.4 candles · 94% through · bottoming · trend down
Cycles in calendar time (L3 p197): 10-day ≈ 45 candles, 5-day ≈ 22 candles, 2.5-day ≈ 13 candles, 1.25-day ≈ 7 candles. Periods are measured from the phased troughs (L3 p251).
Phasing, longest wave first (L3 p204-237): markers under the candles show each trough, labelled with the longest wave it belongs to; "?" = a possible trough placed by the nominal model, not yet confirmed by an FLD break.
Status (L3 p174): 10D topping · 5D bottoming · 2.5D topping · 1.25D bottoming.
FLD lines (L2 p104-125): the mean price shifted forward half a period (5D, 2.5D). The part beyond the last candle is already known. Signals use the price-high/low FLD one candle further (P/2+1, L9 p934).
Sell: price crossed the 10-day FLD at $0.0003845. Objective $0.0002769 (-28.0%), the move before the cross repeated past it (L3 p200-203). Stop $0.0005344, one tick past the latest low/high (L2 p126). The longer waves give a trend call of "down", so the objective should be overshot (L6 p628). Guide (L7 p681-693): on track.
Up-VTL of the 10-day wave (L2 p83-103): not broken yet.
Down-VTL of the 10-day wave (L2 p83-103): not broken yet.
Next 5-day low (L3 p254): due between 2026-10-23 12:00 and 2026-10-26 00:00 UTC; price nest from the down-objectives of this wave and the shorter ones (L6 p628): below $0.0002952.
Pause zone (L10 p1086-1089): the known parts of the 2.5D and 1.25D FLDs lie flat near $0.0004100; expect a pause there.
Envelope (L3 p197): grey band around the centred 5-day average. Price now $0.0003792.
4H and 1D and 1W: not enough history yet to scan (200 4H candles, 200 1D candles, 104 weekly candles needed for a warmed-up trend filter). The chart is shown, but no patterns are looked for.
