I have posted before how the price action on charts seem to run at certain angles from high to low or low to high, almost like throwing a ball up and when momentum wanes it loses its trajectory and finds the downward path and vise versa. Here is a gold chart, the trend lines don’t fit perfectly all the time but they are somewhat accurate, nothing I have seen is 100% in chart reading. I can’t get rid of the blue balls on this chart but I included a close up of the recent price action for gold.

I am wondering if you see any value in using this with your cycle work. If this interests you at all I have other indices with trend lines drawn on also, they make a good home made fork

Charts in comments