Using Historical Volatility and Harmonics

12 May

I track bi-weekly, monthly, and quarterly volatility to have a feel for how trending markets elasticity is and I weight this volatility percentage to the ever sliding IV environment and calculate an implied range for the week.

This helps me gauge the weekly candle potential.

Here you see my HV10/21/63 implied ranges for the week listed from my spreadsheet and visualized on the daily perspective of BITX -- What I would like to point out entering the week as this run will begin to cool off, is the confluence around $60.00 with HV63 regression and 'Point D' completion of my harmonic shown.

I hope everyone has a great week. If you like to talk volatility and enjoy fibonacci drop me a comment.

12 May

İşlem aktif

Weekly candle looking good to enter the week as we are towards the bottom of range filling the daily gap and breakout checking $51.05 from last week. Monday closed with HV10 printing 71.08%

22 May

Not

I want to let anyone following along that 60.00 was breached in after hours as BTC put’s in a new high.

I am still in position.

Tomorrow is still my exit day. It’s a special day because it is 141% in time since the sell off pivot. The 78.6% mark from my ‘Fibonacci Triangle’ is the 161.8% mark in time. Do go read that post if you haven’t. I will go into more detail in the future about how I read Fibonacci price x time symmetry. Stay with me, join the conversation, and BOOST the post!

CHEERS

23 May

İşlem kapandı: hedefe ulaştı

We have closed the day at $60.55 and I have exited my swing position near intra-day highs just past $61.00. See you on the next one!