Recognize approximate price moves by acknowledging visual patterns.
Observing 360 (6H) note, and... Accompanied by other time frames such as the 90 min presents the market in an overbought condition, therefore giving away the future move because 50 level then becomes a substitute overbought level as if it were 68 on the particular time frame.
Observing 360 (6H) note, and... Accompanied by other time frames such as the 90 min presents the market in an overbought condition, therefore giving away the future move because 50 level then becomes a substitute overbought level as if it were 68 on the particular time frame.
Comment:
The idea is to have foreseen the fall as it developed.
