How to read the 4H chart
- 20D 20-day · 112.7 candles · 20% through · up · trend down
- 10D 10-day · 56.3 candles · 39% through · up · trend flat
- 5D 5-day · 24.1 candles · 17% through · up · trend up
- 2.5D 2.5-day · 12.9 candles · 31% through · up · trend up
- 1.25D 1.25-day · 6.4 candles · 63% through · down · trend up
Cycles in calendar time (L3 p197): 20-day ≈ 113 candles, 10-day ≈ 56 candles, 5-day ≈ 24 candles, 2.5-day ≈ 13 candles, 1.25-day ≈ 6 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): 20D up · 10D up · 5D up · 2.5D up · 1.25D down.
FLD lines (L2 p104-125): the mean price shifted forward half a period (10D, 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).
Buy: price crossed the 10-day FLD at $0.05935. Objective $0.06630 (11.7%), the move before the cross repeated past it (L3 p200-203). Stop $0.05309, one tick past the latest low/high (L2 p126). The longer waves give a trend call of "flat", so the objective should be roughly met (L6 p628). Guide (L7 p681-693): worse.
Up-VTL of the 5-day wave (L2 p83-103): not broken yet.
Down-VTL of the 5-day wave (L2 p83-103): broken, so the 10-day wave has troughed (L10 p1072).
Next 1.25-day low (L3 p254): due between 2026-10-23 00:00 and 2026-10-24 00:00 UTC.
Cascade (L2 p123): FLDs of two successive waves broke up together, a stronger move.
Pause zone (L10 p1086-1089): the known parts of the 2.5D and 1.25D FLDs lie flat near $0.05521; expect a pause there.
Envelope (L3 p197): grey band around the centred 10-day average. Price now $0.05644.
1D and 1W: not enough history yet to scan (200 1D candles, 104 weekly candles needed for a warmed-up trend filter). The chart is shown, but no patterns are looked for.