This is a quick fractal analysis of interconnectedness of waves that I need to be aware of.
I picked 1h TF to document the behavior of price near timed lined.
Curves doesn't mean path, I use them to them to mimic exponential function native to uptrend condition.
Also this type of curves resemble natural growth - constant e.
Forced ⬇︎ doesn't yet mean a reversal, but bigger scale correction - yea.
Curves doesn't mean path, I use them to them to mimic exponential function native to uptrend condition.
Also this type of curves resemble natural growth - constant e.
Forced ⬇︎ doesn't yet mean a reversal, but bigger scale correction - yea.
Trade closed: target reached:
Mid-Term target reached.