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LuckyTrader102
26 Th03 2021 14:05

Relationship between trend line and waves Đào tạo

Bitcoin / TetherUS PERPETUAL CONTRACTBinance

Mô tả

How to know which trend line is good for trade?

  • The narrower the trendline slope (under 20 degrees), the harder it is for the trend to change.
  • A small adjustment (change) will be the source of a big correction (change).
  • The conditions for a bull wave or bear wabve thrive are from 35 degrees


One more for calculat timming with candles in this chart:

Because Modify Hikkake was happened!
Before that is the bearish stick sandwick pattern. Suddenly there is a candle pass => create bearish modify hikkake
So we need to wait for the next 3 h4s to check the bottom of candle 2 at 51200usd to make sure we have a bottom at 50500 on this correction.

DO TRUNG QUAN.
Bình luận
DrCoinelius
Since the angle is dependent on the scale of your charts, how do you determine scale? Thank you!
LuckyTrader102
@DrCoinelius, I am using the default or log scale. So F5 each time i measure it is my style!
LuckyTrader102
Like, comment and share if you love my post :)
Maximusman
Nice work as always
LuckyTrader102
@Maximusman, Thank you, good luck my friend :).
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