How to read the 4H chart
- 20D 20-day · 59 candles · 8% through · up · trend down
- 10D 10-day · 29.5 candles · 17% through · up · trend flat
- 5D 5-day · 17.7 candles · 28% through · up · trend up
- 2.5D 2.5-day · 9.7 candles · 51% through · topping · trend up
- 1.25D 1.25-day · 4.7 candles · 107% through · bottoming · trend up
Cycles in calendar time (L3 p197): 20-day ≈ 59 candles, 10-day ≈ 30 candles, 5-day ≈ 18 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 topping · 1.25D bottoming.
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 $3.39. Objective $3.22 (-5.2%), the move before the cross repeated past it (L3 p200-203). Stop $3.58, 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 20-day wave (L2 p83-103): not broken yet.
Down-VTL of the 20-day wave (L2 p83-103): not broken yet.
Next 2.5-day low (L3 p254): due between 2026-10-23 14:53 and 2026-10-25 10:28 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 $3.33; expect a pause there.
Envelope (L3 p197): grey band around the centred 10-day average. Price now $3.38.
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.