How to read the 4H chart
- 20D 20-day · 87.3 candles · 41% through · topping · trend down
- 10D 10-day · 43.7 candles · 82% through · down · trend flat
- 5D 5-day · 18.7 candles · 96% through · bottoming · trend flat
- 2.5D 2.5-day · 10 candles · 30% through · up · trend down
- 1.25D 1.25-day · 5.3 candles · 57% through · topping · trend up
Cycles in calendar time (L3 p197): 20-day ≈ 87 candles, 10-day ≈ 44 candles, 5-day ≈ 19 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 topping · 10D down · 5D bottoming · 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 20-day FLD at $454.40. Objective $423.35 (-6.8%), the move before the cross repeated past it (L3 p200-203). Stop $488.22, 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): not broken yet.
Next 10-day low (L3 p254): due between 2026-10-23 08:00 and 2026-10-28 00:56 UTC; price nest from the down-objectives of this wave and the shorter ones (L6 p628): $401.70 to $415.13.
Cascade (L2 p123): FLDs of two successive waves broke up together, a stronger move.
Envelope (L3 p197): grey band around the centred 10-day average. Price now $420.37.
How to read the 1D chart
- 80D 80-day · 50 candles · 120% through · bottoming · trend up
- 40D 40-day · 25 candles · 68% through · overdue · trend up
- 20D 20-day · 10.9 candles · 46% through · topping · trend flat
- 10D 10-day · 6.7 candles · 75% through · down · trend down
Cycles in calendar time (L3 p197): 80-day ≈ 50 candles, 40-day ≈ 25 candles, 20-day ≈ 11 candles, 10-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): 80D bottoming · 40D overdue (more than 1.5 periods since its last trough, L5 p482) · 20D topping · 10D down.
FLD lines (L2 p104-125): the mean price shifted forward half a period (40D, 20D). 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 20-day FLD at $454.13. Objective $422.85 (-6.9%), the move before the cross repeated past it (L3 p200-203). Stop $488.22, 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): on track, the objective has been reached.
Up-VTL of the 80-day wave (L2 p83-103): not broken yet.
Down-VTL of the 20-day wave (L2 p83-103): broken, so the 40-day wave has troughed (L10 p1072).
Next 80-day low (L3 p254): due between 2026-10-22 and 2026-10-29 UTC; price nest from the down-objectives of this wave and the shorter ones (L6 p628): above $414.32.
Cascade (L2 p123): FLDs of two successive waves broke down together, a stronger move.
Pause zone (L10 p1086-1089): the known parts of the 20D and 10D FLDs lie flat near $423.75; expect a pause there.
Envelope (L3 p197): grey band around the centred 40-day average. Price now $411.14.
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.