If we do not cross outside purple shaded area, this trend may stay situated inside the purple shaded area until we get close to C.
That was the goal... to stay inside the purple shaded area, and head towards the green zone..
I doubt it will, but so far my pattern has held true..
This stems off my Bitcoin to C? idea.
Just waiting for it to fail.. Anytime now..
I have no idea what I am doing..
But thanks for looking!,
Glitch420
That was the goal... to stay inside the purple shaded area, and head towards the green zone..
I doubt it will, but so far my pattern has held true..
This stems off my Bitcoin to C? idea.
Just waiting for it to fail.. Anytime now..
I have no idea what I am doing..
But thanks for looking!,
Glitch420
A small inverse HS pattern within a bigger inverse HS pattern?
Where will we go? I adjusted depth of the cone of D to C of to the new low..
Then i saw a left shoulder and maybe a head?... so i made up a right shoulder.. and happens to suspiciously land the trend close to the tip of C... sounds good to me..
You can see why i put the lines like i did by the little circles i put..
In multiple regression modeling, i use lines to find the best fit of the data points. This gives me my angles. Angle i am using for my predictions.. I do not have any TA experience.. Just research and statistical understanding.