How to read the 4H chart
- 20D 20-day · 82 candles · 1% through · up · trend down
- 10D 10-day · 41 candles · 2% through · up · trend down
- 5D 5-day · 19.6 candles · 5% through · up · trend flat
- 2.5D 2.5-day · 8.9 candles · 11% through · up · trend flat
- 1.25D 1.25-day · 5 candles · 20% through · up · trend up
Cycles in calendar time (L3 p197): 20-day ≈ 82 candles, 10-day ≈ 41 candles, 5-day ≈ 20 candles, 2.5-day ≈ 9 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 up.
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).
Up-VTL of the 20-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 10-day low (L3 p254): due between 2026-10-28 14:44 and 2026-11-04 21:02 UTC.
Envelope (L3 p197): grey band around the centred 10-day average. Price now $234.26.
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.