Elliott Wave Time CyclessteemCreated with Sketch.

in #crypto7 years ago (edited)

I feel like I cant find a reliable go to explanation for this so I'm deciding to get it all together for once and all!

Elliot Wave Cycles explantion. These are the different time cycles with which elliott wave fractals emerge. These are sort of exact and sort of "rule of thumb" at the same time. Some chartable systems blur the lines between them due to system variables. (this is not just for money related stuff!!)

Here's a picture from the book Elliot Wave Principle by Frost and Prechter:

elliott wave cycle.jpg

And here are the timescales matched with quantitative values!:

My understanding of the ranges are that they overlap the time magnitudes, i.e. (0.75yr)-3 or 4 years could be a yearly cycle, likewise, a grand supercycle may last between 80-800 or 900 years. These are natural phenomena, which are modified by sometimes "infinite" variables. They have their own species.

Supermillennium: many milleneums
Millennium: ~75% of a millenneum- a few milleneums
Submillenium: several centuries

Grand Supercycle: ~75% of a century- a few centuries
Supercycle: multi-decade
Cycle: 1-several years (possibly up to a couple decades)

Primary: a few months to a couple years
Intermediate: weeks to months
Minor: weeks

Minute: days
Minuette: hours
Subminuette: minutes

Micro: decades of seconds
Submicro: 1-several seconds
Miniscule: tenths of seconds

It's definitely gray where the line is drawn for all systems, but usually one can figure out what a particular system is like for it's place in time.

There are an "infinite" amount of time scales, but I'm listing the most (known-to-be) relevant to humans currently.

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