Reading cycles

- Measure the cycle between two comparable turning points (two major lows, not a low and a minor dip).
- Cycles are measured in bars: on daily charts that is trading days, not calendar days.
- A cycle low is a time window, not a date: allow a few bars on each side.
Limits
Market cycles drift and invert; with enough lines, some will always fall near a turning point. Treat a cycle as confirmed only when it has worked several times, and act on price, not on the date.
Charts in this guide use simulated prices generated for illustration; levels and outcomes shown are examples, not observations of a real market. Educational content only, not investment advice.