CANDLE COUNTING
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7-13-21
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One of the new ideas in town is candle counting. Now why
does this work, you ask?
When we take a time range, and we use the daily chart here,
and we draw an AMD cycle in between the look back
partition (you can see 2 partitions here), you will see that the
AMD cycles generally align with the:
7 for the end of the A cycle
13 for the end of the M cycle
21 for the end of the D cycle
Page 106 of 147
Version 1.0.8
WHAT YOU LEARNED IN THIS CHAPTER
How to really interpret the circles in the logo
Map the circles to the Accumulation, manipulation,
distribution phases
How the AMD cycles are fractal
106 of 147