How to read the 4H chart
- 20D 20-day · 60.3 candles · 3% through · up · trend down
- 10D 10-day · 30.2 candles · 7% through · up · trend down
- 5D 5-day · 15.1 candles · 13% through · up · trend up
- 2.5D 2.5-day · 9.7 candles · 21% through · up · trend up
- 1.25D 1.25-day · 4.7 candles · 42% through · topping · trend up
Cycles in calendar time (L3 p197): 20-day ≈ 60 candles, 10-day ≈ 30 candles, 5-day ≈ 15 candles, 2.5-day ≈ 10 candles, 1.25-day ≈ 5 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 topping.
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).
Sell: price crossed the 10-day FLD at $181.16. Objective $173.96 (-4.0%), the move before the cross repeated past it (L3 p200-203). Stop $188.84, 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): better, the objective has been reached.
Up-VTL of the 20-day wave (L2 p83-103): broken, so the 40-day wave has crested (L10 p1072).
Down-VTL of the 10-day wave (L2 p83-103): not broken yet.
Next 10-day low (L3 p254): due between 2026-10-27 08:33 and 2026-10-31 22:56 UTC.
Cascade (L2 p123): FLDs of two successive waves broke down together, a stronger move.
Envelope (L3 p197): grey band around the centred 10-day average. Price now $172.45.
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.