The first chart is the initial square based on a range of price. Because of the time frame, the square is pretty far from the end of the range. But look at how price reacted at the end of the square. Bang on with price dropping significantly over the course of a week.
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Moving the square to the next high yields another interesting result.
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And again....
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And finally up to today. The end of square is a few bars out, but close enough for me (I've got other cycles hitting today so those were the main basis for my entry.)
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And to conclude, here is the square by multiplying the time factor by 2. A perfect squaring of price and time.
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So as you can see, price-time sometimes puts things in the past and then it's a matter of just getting things back to the future. I was trying to think of a "Hot Tub Time Machine" movie analogy, but wasn't able to come up with any that weren't junior high potty humor. Yes, I admit to seeing that movie.
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