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Theleroi.eth pfp
Theleroi.eth
@theleroi
Something about the trend base pattern in the market is that : According to " NEo Wave " Every downward trend includes 3 parts, 1- first decrease 2- small upward movement 3- final decrease,. Like what drew on the SC! I will be waiting to see how chart will react to NEo Wave here 🤔
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LucentMonk 🍖***🎩 pfp
LucentMonk 🍖***🎩
@chado
Why wouldn't the three phases have started slightly left and we already bottomed?
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LucentMonk 🍖***🎩 pfp
LucentMonk 🍖***🎩
@chado
Legit question, I'm an idiot trader. Lol.
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Theleroi.eth pfp
Theleroi.eth
@theleroi
NEo Wave works like a chain of the same pattern I explained What I mean is that what I drew is a over all looking of a chart in high time frames like 1D or 4H If we zoom in, any downward trends ( those red lines I drew ) they follow the same pattern Also, what indicates the finish of downward trend is a ranged market, price will be bouncing between 2 prices for a bit , which we call it ranged market
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