What I see is the shaping of a higher TF bar (15min?) displayed on 1min bars? At this point I would expect price to go down again to shape the other side of the candle... but, who knows? as anything can happen, still some things are more likely than others.
Okay, well, let's riddle it out I take in consideration that A) the riddle and that B) the T=M hint - cause we take all we can to help improve my position. First on B) I do the same thing when I examine the markets on a chart and look in the past. Wisdom lies in the past ... what I find beside other posts is an old Oralce post that caught my attention: The Oracle - Jul 29, 2011 at 3:06 AM - also mentioning Chime, Money = Time in his ryhme. I leave it to the interested ones to find that and reread it. That riddle gives me headackes - but at least the last two parapraphes seem compelling. Also a "chime in the groove", which in my eyes is forming Hammer candlestick formation. Don't want to hold to much to candlestick patterns, but just to get the picture. On A) Paragraph 1: "Dopes" relates to an erratic move (up) that ends, where "bend" is the way back south of that previous move up. "Fat cow"? Really no idea. Whatfor is a fat cow? Ready to get butchered? An allegory for taking money off the table? The fat cow was used in an other old ryhme - I suppose it is a hint to find that one - which is ... well, look it up =P "Price by volume" - definitions relate it to be used for highlighting areas of support and resistance often used in the form of a histogramm. I take a stance that the price bends/breaks at these areas and is a prerequisite for the described setup. Paragraph 2: "Looks don't show what real is here" - If I look it doesn't show up? I don't have to look, but to wait what happens? May that way. "When things are bare" - What is bare? Why is it bare? no, hard for me. Could be pointing to another ryhme as refernence. "The snail" - thats a tricky one. Nobody used that example previously in that thread. What das a snail? Is is slow - well =/ It has usually a house were it retracts and gets out again - tail and front. So maybe a expansion/contraction thing in the market. The good old "chime". When talking about chimes, it relates for me to a kind of Hammer or Inverted Hammer, BUT could also be a full red or green candle. I use bars not candles, like the M4 - so a bit unclear were this one goes. If related to a candle chart it would be clearer. Let's take it from here, will post later P3
Here is my interpretation: i look and see..what not it be the dopes on end..go round the bend the buzz word now..is not fat cow but vol per price..it looks so nice Not everything is like it seems on a chart and the trader get trapped by the incorrect interpretation of price action and by getting distracted by indicators and technical analysis but we all know..that looks don't show what real is there..when things are bare to find the grail..think of the snail just take your time..and wait for chime So, to get in synch with the chart, clean it up and look for the most simple and obvious things, most of all, be patient and do not trade at random but wait like a Chita for the right moment the chime can be..plus one you see or minus two..in front of you to see the tree..in forest be click window wide..and look Outside well, this you need to figure it out for yourself, I have an idea of what this means but I would not share it, I will only tell that it relates closely to the previous verses have fun!