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Re: A New Trading Game (chaos game) Played for Money and Played in Risk- Free Space

ImpLaNT, Wed Mar 15, 2023 12:04 pm

BTCUSD
8 harbingers of a downward reversal...

1+2+3 - all three pivots indicate RED, and the Short Ordinal has a pink background, which indicates that the price has reached maximum values in the short term
4 - Power element turned from Pw + 3 (yellow) to Pw - 1 (pink), which indicates the presence of a negative moment in the current price movement, that is, we are now at the upper peak of the parabola and are starting to slowly slide down, which is confirmed by the readings KSO and Therm Trade (5+6). In both of these elements, we see that in the first six partitions (n-6n) the colors have changed to sell. 8 - We also see that the Cyclicality element is also getting ready to put all the first 6 cells into a sell state.
7 - in the price action section, a downward reversal is indicated in the short term


But note that the Ordinals in the medium and long term have a light blue and white background, respectively, which tells us that, from a medium-term perspective, we are only in the middle of an upward movement, and from a long-term perspective, at the very beginning. This lets us know that we have a long upward road ahead us, and the upcoming reversal will just be a significant pullback along the way.
This is my reading and understanding of what Orbit tell me on BTCUSD
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