Update previous TA, still the same just bigger

Bitcoin / Dollar BITFINEX:BTCUSD


OK, so i made a mistake in last TA, but more importantly i may have made another discovery on how to predict the size of the next phase compared to that previous of it, i will look in to it further before i make more of a fool of myself by publishing it. But i think my mistake on the last TA is that the right green phase 3 shpould be 3 third bigger than the left phase, so i have adjusted my chart to reflect

BTCUSD            

AS my methodof TA is being made up by myself and is multi interval TA, meaning that a mistake in an interval higher will make everything under that incorrect. So i will have to be very careful on higher time intervals.

Also, letts see if the shape of interval 2’s second part is the same shape resistance line as the whole of green phase 3 s when action is live (can always make something fit if looking back on it so want to see if it plays out in live mode)https://www.tradingview.com/x/TQKjZr00/

By admin