goncalo_bile

Positive thinking with "HVF" Technique

BITFINEX:BTCUSD   Bitcoin
Ok, let's assume we are in a bull market since the beginning of times!
I've learned a TA technique that is called HVF (Hunt volatility funnel). This technique takes 3 highs and 3 lows to converge in a decompression that can go up or down, depending on the trend. let's use it to think positive!
BTC touched 6k and that gives us our L1, being the 20k our H1. Now we need to find our H2, L2 and so on.
I assumed the H2 being the target of the actual incomplete H&S and the L2 to stay above one hypothetically uptrend channel.
well. this is just a thought.
I'm not a professional and this is not financial advice!
Ride the waves like a pro surfer!
Stay safe!
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