I do not use TA pieces in my strategy. I do not use the logarithmic scale either.
I just wondered, "what if it will be so?"
That's why I just leave it here, let it lie =)
The logic here is simple, the price will be clamped within a triangle or wedge (even a rhombus, it doesn’t matter to me).
This will be followed by a take-off, with a massive panic of investors.
After that there will be a sharp return to the triangle, even without a test rollback of the lower edge, which will scare the selling side. The result will be a beautiful pattern that lovers will draw after the fact, to draw detailed.
=)
I just wondered, "what if it will be so?"
That's why I just leave it here, let it lie =)
The logic here is simple, the price will be clamped within a triangle or wedge (even a rhombus, it doesn’t matter to me).
This will be followed by a take-off, with a massive panic of investors.
After that there will be a sharp return to the triangle, even without a test rollback of the lower edge, which will scare the selling side. The result will be a beautiful pattern that lovers will draw after the fact, to draw detailed.
=)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.