finding the reversal zone, planning is key
As much as some of these predictive tools are speculative, we have to remember we hedge speculation with speculation in an effort to remove speculation.
Basically, we cannot, I have to stress this for my own sanity, We cannot trade blind. I'm not a professional and I try to do my due diligence when analyzing price movement and trying to establish my own TA, it is part and parcel to why I use these little blogs to keep track of where I was, what I was thinking and whether I was correct, and more importantly, why.
We have what appears to be a Gartley Harmonic Pattern starting to esrablish itself indicating a bullish reversal coming early to mid next week if price continues its slow downward movement.
BTCUSD
Basically, we cannot, I have to stress this for my own sanity, We cannot trade blind. I'm not a professional and I try to do my due diligence when analyzing price movement and trying to establish my own TA, it is part and parcel to why I use these little blogs to keep track of where I was, what I was thinking and whether I was correct, and more importantly, why.
We have what appears to be a Gartley Harmonic Pattern starting to esrablish itself indicating a bullish reversal coming early to mid next week if price continues its slow downward movement.
BTCUSD
Komen:
Komen:
looks like the gartly was bearish
Komen:
if we cant hold the reversal zone , next stop 60k , otherwise were going to have resistance now that we are outside the ascending channel
Komen: