Personal recommendation, based on my new "Wandering Magnus Major Trendline Bias Indicator":
IvanLabrie
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You can confirm these with volume profile data as well. :)
MagnusTradingGroup
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Instead of trying to run around and desperately find something to discredit others try come up with own ideas. all charts that you show here are perfectly fine as all you had to do was look for a breakout or reversal pattern and trade accordingly. My personal bias doesn't deduct value from the ideas that I present in the charts. You would have made a good amount of money following those trendlines and short on breadowns for example. trading is not about being good at predicting, it's about being prepared for any direction and have good targets so who cares if price goes opposite direction of your arrow as long as you know how to profit from the opposite aswell. And bottom line, if you don't like my charts why do I see you commenting under everyone of them ? Just ignore if you don't feel like I'm doing anything valueble, it's not like I'm asking you for your feedback
ezen
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You made a trend line that starts at the beginning, hits the very tip of a spike on a linear chart and then uses the bottom of the candle of a dip (and not the tip). Once again, all on a linear scale. I'm sorry but I whole heartedly disagree that this chart means anything.
MagnusTradingGroup
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market tells otherwise and thats the only thing that cares. nobody cares if you or I agree or disagree :D
ezen
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You're just fitting the line in a way that allows the most recent dip in price to seem like it's breaking some kind of important support. According to your "trendline", we were below the trend for the entire first 3 years of it's existence. In fact, not even the massive spike up two years broke the trend. Only after we tripled in price did we meet the trend?
Sorry, but this is nonsense. Use a log chart and you'll see there's an actual trend in place, just nowhere near where you've drawn it.