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Market Psychology Price Patterns
I drew the price prediction line on the 25th (red dotted line). Checked this chart today and the price followed extremely close to it both in price and timeframe. I thought it was very interesting indeed...
I couldn't remember how I drew it at first, but then I realized it was me drawing/cloning basically a smaller version of what happened since the previous breakout. (See the lighter thick blue price line compared to the darker blue line)
It would be very interesting to see if it follows the entire pattern through in time frame and price. I'm still bearish from previous idea. This idea is sort of entertaining/experimental.
I couldn't remember how I drew it at first, but then I realized it was me drawing/cloning basically a smaller version of what happened since the previous breakout. (See the lighter thick blue price line compared to the darker blue line)
It would be very interesting to see if it follows the entire pattern through in time frame and price. I'm still bearish from previous idea. This idea is sort of entertaining/experimental.
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