Random Walk? I Would Rather Have Directions
Too many traders think they are taking a Random Walk through these market streets.
Well this post is to help them define a direction.
Can you use this to target the exact price and day/hour/min? No (well sometimes you can nail it)
But just like the Map App on your phone it will get you within a certain degree of accuracy AND you will definitely generally no where you are in relationship to where you want to be
More to come!!!
Heartbeat
DH "Slingshot" as Seen on BTC - Trying to Simplify a RecurrenceI see these alot.
Descending Heartbeats.. I'm interested in this case that when the gap closes after a 3 candle flatline there is a Bullish run up closing the gap.. I went a little too complex initially grouping this guy with the AH.. Let's Break it down a bit more..
It looks fairly symmetrical if you draw it like this..
I've included two fib measuring tools and over time we can measure and log performance