I'm an amateur charter. Read a section in Trading for a Living about Victor Sperandero's method for identifying trend reversals that I am basing my forecast on.
1. Broken trendline the week of 04/16/18 2. Retest old support this week 05/28/18
If the theory plays out, BTC will likely retest the latest high and hopefully break out. Would appreciate feedback on if I am interpreting Victor's method correctly or anything I am overlooking.
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.