Posted by timebandit on 2nd of Jun 2022 at 11:00 am
I'm not experienced enough with them to read those tea leaves.
Instead I just watch how it evolves and plays out, readjusting the
formation if it makes sense. Currently it looks like a break up.
But if price comes back down, it may make sense to readjust. One
thing for sure, on a 3-minute chart, we'll know pretty soon if it
was valid or I am seeing things
question on these diamonds... you
Seeing a potential diamond forming on Matt's 3 minute chart
Posted by pep8261 on 2nd of Jun 2022 at 10:49 am
question on these diamonds... you would consider this more bearish because the low occurred AFTER the high of the diamond??
I'm not experienced enough with
Posted by timebandit on 2nd of Jun 2022 at 11:00 am
I'm not experienced enough with them to read those tea leaves. Instead I just watch how it evolves and plays out, readjusting the formation if it makes sense. Currently it looks like a break up. But if price comes back down, it may make sense to readjust. One thing for sure, on a 3-minute chart, we'll know pretty soon if it was valid or I am seeing things
i thought i remembered matt
Posted by pep8261 on 2nd of Jun 2022 at 11:06 am
i thought i remembered matt saying something about directional bias having to do with where the apex was. not sure