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Time Fibonacci! The Breakdown Of Bitcoins Cyclicity Into Quarters

Published by Aeon Flux on September 1, 2021
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Technical traders guide into Quarters theory|Time FibsMy journey into technical treading started with foreign exchange trading. Throughout this journey, I have been through various ups and downs in the markets, and what it has taught me the most is that one should always keep a learner mindset while approaching the markets.PIPThe currency systems we have today works on the decimal system i.e, decimal (Lat. Decimus) means “tenth,” decimate means “reduce by a tenth,” and denary (Lat. denarius) means the “unit of ten.”Currency decimalization has caused the main unit of currency to be divided into 100 subunits. (e.g., 1 USD = 100 Cents).Price interest points, when the main unit of a currency is divided into 100 additional subunits, we get the smallest unit of the price of a foreign currency called the pip. (e.g., for EUR/USD one PIP — Price Interest Point equals .0001 U.S. dollar)Major Whole NumbersQuarters theory considers benchmark numbers for exchange rates between currencies, for example, an exchange rate of exactly $1.0000 for the EUR/USD, if the exchange rate changes by additional 10 cents, the rate will be $1.1000.So we get an idea that these sections of 10 cents, like 1.1000 the dollar tens, 1.2000 the dollar twenties mark the end and the beginning of a new set of ten numbers 1.11, 1.12, 1.13, …, 1.19.These starting and ending points hold a lot of significance in quarters theory, thus are known as Major Whole Numbers(MWN). Notice that between two MWN, we have 1000pips. The distance between the subunit called the Whole Numbers is 100pips.The QuartersA quarter is one of four equal parts of anything, so taking the 1000pip range between MWN, we divide them into four equal parts of 250pip each and get the number called Large Quarters(LQ).The LQ that coincides with MWN is called Major Large Quarter…

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