Technical Analysis is more of an art than a science due to the fact that live patterns aren't always textbook picture perfect to the eye. We need to be flexible when it comes to the 'design' of patterns as we remain discipled when applying the 'rules and guidelines'(parameters).
This particular example would serve as a perfect one due to the flexibility needed to recognize the Dragon Pattern's 'Hump'. This is one of the pattern's from which I obtained my future second Bitcoin Target at approximately $21,500, based on the Dragon Pattern's Head Peak. Typically price will eventually go within the Dragon Pattern's Head zone. So the 'art' is the design, and the 'science' is the parameters.
Also Notice that the peak of the Dragon's Head corresponds to the wave 'e' peak in intermediate triangle wave 4 a day before Binance CEO CZ decided to reveal the lack of liquidity at the FX exchange on Twitter . I had mentioned that intermediate wave 4 triangle in a count I had published titled: Bitcoin EW Count Chart Since Inception(Part 3)
This particular example would serve as a perfect one due to the flexibility needed to recognize the Dragon Pattern's 'Hump'. This is one of the pattern's from which I obtained my future second Bitcoin Target at approximately $21,500, based on the Dragon Pattern's Head Peak. Typically price will eventually go within the Dragon Pattern's Head zone. So the 'art' is the design, and the 'science' is the parameters.
Also Notice that the peak of the Dragon's Head corresponds to the wave 'e' peak in intermediate triangle wave 4 a day before Binance CEO CZ decided to reveal the lack of liquidity at the FX exchange on Twitter . I had mentioned that intermediate wave 4 triangle in a count I had published titled: Bitcoin EW Count Chart Since Inception(Part 3)