I'm going to explain better my way of trading based on cycles.
The pair I prefer is EURUSD on long timeframes (D1, W1, MN).
For the first example I took a very simple picture (TF=W1) , without pivots to be more clear.
Every cycle seems like a big "M".
Based on antecedent finished cycles we get the likely length of the current cycle, bearing in mind an uncertainty margin of +/- 15%.
We find main trendline (the big green on picture) as usual.
The cross between trendline and the end of cycle give us the level where the pair will probably be at the end of cycle.
Bye.
The pair I prefer is EURUSD on long timeframes (D1, W1, MN).
For the first example I took a very simple picture (TF=W1) , without pivots to be more clear.
Every cycle seems like a big "M".
Based on antecedent finished cycles we get the likely length of the current cycle, bearing in mind an uncertainty margin of +/- 15%.
We find main trendline (the big green on picture) as usual.
The cross between trendline and the end of cycle give us the level where the pair will probably be at the end of cycle.
Bye.