Craziest Bitcoin chart you will ever see

72-degrees of Venus

Technical analysts these days are spoiled. There are a great many drawing tools and indicators that we no longer have to draw by hand or even calculate on screen and then plot by mouse. Some forms of technical analysis still require some good ole’ testing and research. Financial Astrology is one of those forms of technical analysis that requires some good ole’ testing and research. On Sunday, I was doing my analysis for the next week and I was reviewing some of my old notes and I came across some notes I took from a book by Larry Pesavento (A Trader’s Guide to Financial Astrology). He discussed some degrees for Venus that traders should check in the markets they trade. This struck me as odd because I don’t remember ever seeing anything in his writings that mentioned any single planet longitudinal position. He suggested traders look at the division of Venus at 72-degrees for their market because they often marked important price and time levels. What I found made me laugh because I’ve never seen anything so precise like this before.

What is astonishing is the accuracy of the positions of the 72-degree divisions that appear on important swing highs and lows. For many of those swings, the degree position is to the day. It’s fascinating. The author also suggested using the 36-degree divisions.

More exact swing highs and lows are found using the 36-degree levels. Again, I am flabbergasted by the accuracy shown here. I will continue to monitor this price action behavior moving on in the future to see if the live trading results coincide with this past price action.