This chart was set up to show right diagonals and right angles by rezooming (scaling) until the X crosses between key points became Right angles to each other. Once that was set I looked for the idea that I found on USDJPY 60 min. The same thing was happening as here. There is a geometric relation going on because of angle spread relations. I just don't know what it is. Maybe you've got some knowledgeable input on the matter.
Other than that...I get EURCAD down for now because it has a fulfilled blue up angle. Now it switches to the fast red down angle, then up and finally the thing where it lands on the green line.
If this IS the TOP, the idea may be haywire, because it would become a major downtrend instead (which I haven't studied yet). I'm really looking for someone else's geometry input that might know.!?
Other than that...I get EURCAD down for now because it has a fulfilled blue up angle. Now it switches to the fast red down angle, then up and finally the thing where it lands on the green line.
If this IS the TOP, the idea may be haywire, because it would become a major downtrend instead (which I haven't studied yet). I'm really looking for someone else's geometry input that might know.!?