Each wave looks to move on a monthly basis. If you pick the lower and and sell at the centre of the channel it’s about a 7% gain
This was done in 2 minutes to just get a general upside/downside trend.
I've used a parallel channel to try and see if we stay within this range. It appears to be bullish for now, I'd like to see us stay within it for another week. Though HUT sometimes has some rapid moves.
I'm trying to learn how to find meaningful points on a chart. I figured I'd pick one of my losing trades in the past and hopefully make it profitable in the future. Any input on my points of intersection and general trend lines would be helpful.