I find it interesting how charts (when accurate) can ostensibly predict the future, a two dimensional image forecasting a four dimensional world of human psychology..
If this chart is accurate (and the reader must know this chart may be entirely wrong as it is essentially speculative) there will be something in the news / some some catalyst that offers explanation for this price action..
Sometimes I wonder if it's the chicken or the egg, as in did the news itself cause Price action, is the news merely a proxy for causation, or maybe it would've happened without the news? I don't know, it's an obvious paradox
Good luck and best regards
If this chart is accurate (and the reader must know this chart may be entirely wrong as it is essentially speculative) there will be something in the news / some some catalyst that offers explanation for this price action..
Sometimes I wonder if it's the chicken or the egg, as in did the news itself cause Price action, is the news merely a proxy for causation, or maybe it would've happened without the news? I don't know, it's an obvious paradox
Good luck and best regards
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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.