Monday, 23 February 2015

Fractals in action - uncanny similarity between today's 1 minute chart and the 240 min chart since last October!

Fractals in action: note the uncanny similarity between today's 1 minute chart and the 240 min chart since last October!

For self-similarity at different scales, this is a great example. The self-similarity at this point extends even to the fact that both support lines were in the process of breaking down as this screenshot was taken:



I am adding to this post on 24 February 2015. The biggest fractal of all is the entire gold bull market, see below and how similar it is to the two timescales above: all at a key level and all breaking down a little:




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