Just a little experiment really, the last couple of ideas will explain the idea behind my method of TA
On the short time frame it is harder to makeas accurate so this TA is just to see what happens on short time frame.
It will also be interesting when we go up and how the phases will look and the shape of them too.
Note
Phase one on the purple curve was too deep as i forgot to use the shape from the phase one interval on the next phase. So now i make it the same start finish ratio and phase one resistance is now fitting
Note
sorry last update didnt have the updated chart i was talkig about
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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.