equal octave scale of music is based on the 12th root of 2 … 1.05946. (darn there goes those square roots again)
taking the all time low of 346 we can project price just like we do music.
if you look below, it’s good to pay attention to where an octave ends … looks like we just completed 5 octaves, almost perfectly, on the $NYA.
so, if PRICE equals TIME (which it does) THEN we can take a PRICE delta between an octave – in this case between Octave 4 and Octave 5 (non log) and look for a time cycles to spin out from important highs and lows? right?
please see below ….