Bitcoin - ETH - Nice Surprise in AM - Hopes for Price Rise
Woke this morning, thinking we fell..
cleared the sand out of my eyes and saw the opposite.
For those of you who are new to TA...
We are starting on the rising leg a formation called an inverted Head and Shoulders.
No, this is not a crushed bottle of dandruff fighting Head and Shoulders shampoo.
Visit these SAFE links to learn more about this pattern on Investopedia:
www.investopedia.com...y/charts/charts2.asp
www.investopedia.com...technical/121201.asp
What does this mean for Wild Theory 00?
For the most part, it is interrupted
Here is a segment from my Q&A (published periodically about price manipulation)
Q: Are these (Wild Patterns) ALWAYS present, where they can be identified and followed?
A: Wild Theory is my forecast method for identifying manipulated price movement. This is NOT the only method I use to forecast price, but one of five. And… I have no choice but to follow the manipulations and predict what they will do next, because if I ignore them, their work will hurt my trading. To understand how I uncover their work, think of me as a bloodhound, tracking suspicious ‘engineered’ patterns. Also understand that ‘Wild’ patterns are NOT constantly present. They touch down and lift off in various key areas of a live chart… much like how a tornado descends from the clouds, runs it path and flies back into the clouds. In short, TA charting will return to normal when they are NOT at work… or when the market simply overpowers their efforts. Wild patterns can appear on a large scale (as they have in May 2018) -- but are more evident on a daily and weekly price chart.
cleared the sand out of my eyes and saw the opposite.
For those of you who are new to TA...
We are starting on the rising leg a formation called an inverted Head and Shoulders.
No, this is not a crushed bottle of dandruff fighting Head and Shoulders shampoo.
Visit these SAFE links to learn more about this pattern on Investopedia:
www.investopedia.com...y/charts/charts2.asp
www.investopedia.com...technical/121201.asp
What does this mean for Wild Theory 00?
For the most part, it is interrupted
Here is a segment from my Q&A (published periodically about price manipulation)
Q: Are these (Wild Patterns) ALWAYS present, where they can be identified and followed?
A: Wild Theory is my forecast method for identifying manipulated price movement. This is NOT the only method I use to forecast price, but one of five. And… I have no choice but to follow the manipulations and predict what they will do next, because if I ignore them, their work will hurt my trading. To understand how I uncover their work, think of me as a bloodhound, tracking suspicious ‘engineered’ patterns. Also understand that ‘Wild’ patterns are NOT constantly present. They touch down and lift off in various key areas of a live chart… much like how a tornado descends from the clouds, runs it path and flies back into the clouds. In short, TA charting will return to normal when they are NOT at work… or when the market simply overpowers their efforts. Wild patterns can appear on a large scale (as they have in May 2018) -- but are more evident on a daily and weekly price chart.