Cycles are a tool and should not be used to the exclusion of other tools. There is always the possibility (high probability long term) that the data will be misinterpreted or a relevant fact over looked. So use cycles to check your analysis, not as the only reason to make a decision. Interpretation is the opinion of the author and may be incorrect and should be viewed in that light.
Wednesday, February 27, 2013
a guide to Cycles TA
I often get questions about cycles and charts. I came across a guide to cycles TA. Hope it helps you in your analysis.